Interim report
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SoftBank Group This English translation of the financial report was prepared for reference purposes only and is qualified in its entirety by the original Japanese version . SoftBank Group Corp. Consolidated Financial Report For the Three - Month Period Ended June 30 , 2026 ( IFRS ) 1. Financial Highlights ( 1 ) Results of Operations Tokyo , August 6 , 2026 ( Millions of yen ; amounts are rounded to the nearest million yen ) ( Percentages are shown as year - on - year changes ) Net sales Income before income tax Net income Net income attributable to Total comprehensive owners of the parent income Amount % Amount % Amount % Amount % Amount % Three - month period ended ¥ 2,019,591 10.9 ¥ 589,150 ( 14.6 ) ¥ 518,987 ( 8.0 ) ¥ 347,330 ( 17.7 ) ¥ 988,456 June 30 , 2026 Three - month period ended June 30 , 2025 ¥ 1,820,341 7.0 ¥ 689,941 205.7 ¥ 564,144 ¥ 421,819 ¥ ( 96,719 ) Three - month period ended Basic earnings per share ( Yen ) Diluted earnings per share ( Yen ) ¥ 60.08 ¥ 59.85 June 30 , 2026 Three - month period ended ¥ 72.93 June 30 , 2025 Note : ¥ 72.82 * The Company conducted a four - for - one ordinary share split , effective January 1 , 2026. " Basic earnings per share " and " Diluted earnings per share " are calculated assuming that the share split had been conducted at the beginning of the previous consolidated fiscal year . ( 2 ) Financial Position Total assets Total equity As of June 30 , 2026 ¥ 65,135,153 ¥ 21,352,852 Equity attributable to owners of the parent ¥ 18,421,451 As of March 31 , 2026 ¥ 60,749,547 ¥ 20,468,432 ¥ 17,621,823 2. Dividends Fiscal year ended March 31 , 2026 Fiscal year ending March 31 , 2027 Fiscal year ending March 31 , 2027 ( Forecast ) Ratio of equity attributable to owners of the parent to total assets ( % ) 28.3 29.0 Dividends per share First quarter Second quarter Third quarter Fourth quarter Total ( Yen ) ( Yen ) ( Yen ) ( Yen ) ( Yen ) 22.00 5.50 5.50 5.50 11.00
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As of June 30, 2026: 5,711,848,120 shares As of March 31, 2026: 5,711,848,120 shares As of June 30, 2026: 12,798,731 shares As of March 31, 2026: 12,924,419 shares As of June 30, 2026: 5,698,945,874 shares As of June 30, 2025: 5,725,839,050 shares Notes: 1. Revision of the latest forecasts on the dividends: No 2. The Company conducted a four-for-one ordinary share split, effective January 1, 2026. The amount of interim dividend for the fiscal year ended March 31, 2026 (Second quarter) described above, is presented as the amount before the split. Total of the dividends for the fiscal year ended March 31, 2026 is not presented as it cannot be simply aggregated due to the share split. If the share split were considered, the annual dividend would be ¥11.00 per share. * Notes (1) Significant changes in the scope of consolidation during the period: Yes Newly consolidated: None Excluded from consolidation: 1 company (Rose Corp.) Note: * Please refer to page 33 “Significant Changes in Scope of Consolidation for the Three-Month Period Ended June 30, 2026” under “2. Notes to Summary Information.” (2) Changes in accounting policies and accounting estimates [1] Changes in accounting policies required by IFRS: No [2] Changes in accounting policies other than those in [1]: No [3] Changes in accounting estimates: No (3) Number of shares issued (common stock) [1] Number of shares issued (including treasury stock): [2] Number of shares of treasury stock: [3] Number of average shares outstanding during the three-month period (April-June): Note: * The Company conducted a four-for-one ordinary share split, effective January 1, 2026. “Number of average shares outstanding during the three-month period (April-June)” is calculated assuming that the share split had been conducted at the beginning of the previous consolidated fiscal year. * Review of the Japanese-language originals of the attached condensed interim consolidated financial statements by certified public accountants or an audit firm: Yes (voluntary) * Note to forecasts on the consolidated results of operations and other items Descriptions regarding the future are estimated based on the information that the Company is able to obtain at the present point in time and assumptions, which are deemed to be reasonable. However, actual results may be different due to various factors. On August 6, 2026 (JST), the Company will hold an earnings results briefing for the media, institutional investors, and financial institutions. This earnings results briefing will be broadcasted live on the Company’s website in both Japanese and English at https://group.softbank/en/ir. The data sheet will also be posted on the website on the same date at the same site.
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1. Results of Operations ..................................................................................................................................... P.3 (1) Overview of Results of Operations .......................................................................................................... P.3 a. Consolidated Results of Operations ....................................................................................................... P.5 b. Results by Segment ................................................................................................................................ P.8 (a) Investment Business of Holding Companies Segment ..................................................................... P.9 (b) SoftBank Vision Funds Segment ..................................................................................................... P.13 (c) SoftBank Segment ............................................................................................................................ P.19 (d) AI Computing Segment..................................................................................................................... P.21 (2) Overview of Financial Position ................................................................................................................ P.23 (3) Overview of Cash Flows .......................................................................................................................... P.30 (4) Forecasts ................................................................................................................................................... P.32 2. Notes to Summary Information ...................................................................................................................... P.33 Significant Changes in Scope of Consolidation for the Three-Month Period Ended June 30, 2026 ...... P.33 3. Condensed Interim Consolidated Financial Statements and Primary Notes ................................................. P.34 (1) Condensed Interim Consolidated Statement of Financial Position .......................................................... P.34 (2) Condensed Interim Consolidated Statement of Profit or Loss and Condensed Interim Consolidated Statement of Comprehensive Income ................................................ P.36 (3) Condensed Interim Consolidated Statement of Changes in Equity ......................................................... P.38 (4) Condensed Interim Consolidated Statement of Cash Flows .................................................................... P.42 (5) Basis of Presentation of Condensed Interim Consolidated Financial Statements .................................... P.43 (6) Significant Doubt about Going Concern Assumption ............................................................................. P.45 (7) Notes to Condensed Interim Consolidated Financial Statements ............................................................ P.45 Independent Accountant’s Review Report ......................................................................................................... P.70 Disclaimer This material does not constitute an offer to sell, or a solicitation of an offer to buy, limited partnership interests or comparable limited liability equity interests in any funds (including SoftBank Vision Fund 1, SoftBank Vision Fund 2 and SoftBank Latin America Funds) managed by any of the subsidiaries of SoftBank Group Corp. (“SBG”), including SB Global Advisers Limited, SB Investment Advisers (UK) Limited, or their respective affiliates, or any securities in any jurisdiction, nor should it be relied upon as such in any way. Notice Regarding PFIC Status It is possible that SBG (and certain subsidiaries of SBG) may be a “passive foreign investment company” (“PFIC”) under the U.S. Internal Revenue Code of 1986, as amended, for its current fiscal year due to the composition of its assets and the nature of its income. We recommend that U.S. holders of SBG’s shares consult their tax advisors with respect to the U.S. federal income tax consequences to them if SBG and its subsidiaries are classified as PFICs. SBG is not responsible for any tax treatments or consequences thereof with respect to U.S. holders of SBG’s shares. (Appendix) Contents Establishment of a New Reportable Segment In November 2025, the Company acquired all equity interests in Ampere, a semiconductor design company, making it a wholly owned subsidiary. Following the acquisition, the Board of Directors reassessed the business units whose performance is reviewed regularly by the Board. As a result, during the three-month period ended December 31, 2025, the Company established AI Computing as a new reportable segment, combining Arm, previously included in the Arm segment, Graphcore Limited, previously included in Other, and Ampere and other semiconductor-related subsidiaries. Comparative segment information for the corresponding period of the previous fiscal year (the three- month period ended June 30, 2025) has also been reclassified accordingly. For an overview of the new segment, see “Overview” under “(d) AI Computing Segment” in “b. Results by Segment” in “(1) Overview of Results of Operations.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 1
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Company names/Abbreviations Definition SoftBank Group Corp. or SBG SoftBank Group Corp. (stand-alone basis) The Company SoftBank Group Corp. and its subsidiaries * Each of the following names or abbreviations indicates the respective company and its subsidiaries, if any. SB Northstar or asset management subsidiary SB Northstar LP SVF1 SoftBank Vision Fund L.P. and its alternative investment vehicles SVF2 SoftBank Vision Fund II-2 L.P. LatAm SBLA Latin America Fund LLC SoftBank Vision Funds or SVF SVF1, SVF2 and LatAm SBIA SB Investment Advisers (UK) Limited SBGA SB Global Advisers Limited Arm Arm Holdings plc Ampere Ampere Computing Holdings LLC Energy Global Energy Global, LP*1 Robo HD Silver Bands 4 (US) Corp. OpenAI OpenAI Group PBC T-Mobile T-Mobile US, Inc. MgmtCo MASA USA LLC The first quarter Three-month period ended June 30, 2026 The first quarter-end June 30, 2026 The fiscal year Fiscal year ending March 31, 2027 The previous fiscal year Fiscal year ended March 31, 2026 The previous fiscal year-end March 31, 2026 Fiscal year ended March 31, 2026 Fiscal year ending March 31, 2027 USD/JPY Q1 Q2 Q3 Q4 Q1 Average rate for the quarter ¥145.19 ¥147.50 ¥154.04 ¥156.48 ¥160.51 Rate at the end of the period ¥159.88 ¥162.39 Definition of Company Names and Abbreviations Used in This Appendix Company names and abbreviations used in this appendix, unless otherwise stated or interpreted differently in the context, are as follows: Note: 1. A subsidiary engaged in the development, construction and operation of solar power plants, as well as the development and construction of data centers, in the U.S. Exchange Rates Used for Translations SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 2
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1. Investment in OpenAI - A follow-on investment of $10.0 billion was made during the first quarter. - As of the first quarter-end, cumulative investment totaled $44.6 billion,*1 with a fair value of $89.6 billion and cumulative investment gains of $45.0 billion. - The valuation was unchanged from the previous fiscal year-end. - An additional investment of $10.0 billion was made in July 2026. 2. Results highlights ♦ ¥1,859.4 billion investment gain (¥486.9 billion gain for the same period of the previous fiscal year) - ¥1,382.2 billion investment gain at Investment Business of Holding Companies, including a ¥1,332.9 billion investment gain on Intel shares. - ¥460.1 billion investment gain at SoftBank Vision Funds (excluding gains and losses related to investments in the Company’s subsidiaries, such as PayPay). Since inception, gross gains have totaled $26.6 billion for SVF1 and $21.3 billion for SVF2.*2 Note: Changes in the fair value of shares of consolidated subsidiaries, including Arm and SoftBank Corp., are not recorded in the Company’s consolidated statement of profit or loss. ♦ ¥589.2 billion income before income tax (decrease of ¥100.8 billion YoY) - Selling, general and administrative expenses of ¥1,286.9 billion (increase of ¥528.7 billion YoY), primarily driven by higher share-based compensation expenses in the AI Computing segment and at Energy Global, which is included in Other in the segment information. - Finance cost of ¥328.7 billion (increase of ¥163.4 billion YoY) - Foreign exchange loss of ¥146.1 billion (deterioration of ¥289.3 billion YoY) - Derivative loss of ¥391.6 billion (deterioration of ¥620.4 billion YoY) ♦ ¥347.3 billion net income attributable to owners of the parent (decrease of ¥74.5 billion YoY) - Income taxes of ¥70.2 billion - Net income attributable to non-controlling interests of ¥171.7 billion 3. Financing activities During the first quarter, the Company raised ¥5,559.7 billion and repaid ¥3,935.1 billion on a consolidated basis.*3 Of these amounts, SBG and its wholly owned financing subsidiaries raised ¥4,623.8 billion and repaid ¥3,586.6 billion. The Company executed debt financing flexibly to fund large-scale investments and repay or refinance existing debt. ♦ Bridge loans (SBG and its wholly owned financing subsidiaries) - The remaining balance of $12.0 billion under bridge loans, which were originally borrowed in the previous fiscal year to fund the investment in OpenAI and the acquisition of Ampere, was fully repaid at maturity in April 2026. 1. Results of Operations (1) Overview of Results of Operations SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 3
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- In March 2026, SBG entered into a bridge facility agreement with a total facility amount of $40.0 billion, primarily to fund follow-on investments in OpenAI. In April 2026, a total of $20.0 billion was drawn down under the facility, of which $3.6 billion was repaid during the first quarter. ♦ Straight bonds - SBG issued $3.5 billion equivalent of foreign currency-denominated senior notes and redeemed $0.67 billion of U.S. dollar-denominated senior notes prior to maturity.*4 - SBG redeemed ¥30.0 billion of domestic straight bonds at maturity. ♦ Hybrid bonds - SBG issued ¥678.0 billion of domestic hybrid bonds and redeemed ¥405.0 billion on the first voluntary call date. Subsequent to the first quarter-end, the Company completed the following funding activities: - In July 2026, the Company borrowed $10.0 billion under the bridge facility agreement entered into in March 2026 to fund its investment in OpenAI. - In August 2026, SBG issued ¥90.0 billion of domestic straight bonds. The proceeds are expected to be allocated to the redemption of the domestic straight bond maturing in September 2026. - In August 2026, the Company arranged $1.75 billion equivalent of LBO financing to fund a portion of the purchase price for the acquisition of ABB Ltd’s robotics business.*5 - In August 2026, SVF2 entered into a loan agreement using its OpenAI shares. *6 SVF2 plans to borrow $10.0 billion under the agreement in the same month. Notes: 1. Includes indirect investments and is presented net of disposals. 2. Gross amounts before deductions for third-party interests and taxes, etc. 3. Amounts recorded as proceeds from interest-bearing debt and repayment of interest-bearing debt in the consolidated statement of cash flows 4. The total issuance amount comprised $1.5 billion and 1.75 billion euros of foreign currency-denominated senior notes. The euro amount was translated into U.S. dollars using the exchange rate at the first quarter-end. 5. The financing is nonrecourse to SBG. 6. For details, see “(3) Financing at SVF2” under “16. Significant subsequent events” in “(7) Notes to Condensed Interim Consolidated Financial Statements” in “3. Condensed Interim Consolidated Financial Statements and Primary Notes.” FOLLOW-ON INVESTMENT COMMITMENT TO OPENAI IN FEBRUARY 2026 On February 27, 2026, the Company committed to follow-on investments totaling $30.0 billion in OpenAI (the “Follow-on Investments”). Through SVF2, the Company completed the first tranche of $10.0 billion in April 2026 and the second tranche of $10.0 billion in July 2026. Upon completion of the third tranche, scheduled for October 2026, the Company’s cumulative investment in OpenAI is expected to reach $64.6 billion, representing an ownership interest of approximately 13%.*7 Pursuant to the bridge facility agreement entered into in March 2026, the Company borrowed $10.0 billion to fund the first tranche during the first quarter. The Company borrowed an additional $10.0 billion to fund the second tranche in July 2026. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 4
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First Tranche (Completed) Second Tranche (Completed) Third Tranche (Planned) Pre-money valuation $730.0 billion Investment by the Company $10.0 billion $10.0 billion $10.0 billion Timing of the Company’s investment April 1, 2026 July 1, 2026 October 1, 2026 The Company’s investment entity SVF2 (Millions of yen) Three months ended June 30 2025 2026 Change Change % Net sales 1,820,341 2,019,591 199,250 10.9% A Gross profit 954,653 1,053,634 98,981 10.4% Gain on investments Investment Business of Holding Companies (256,548) 1,382,212 1,638,760 - B SoftBank Vision Funds 660,175 460,061 (200,114) (30.3%) C Other 83,318 17,109 (66,209) (79.5%) Total gain on investments 486,945 1,859,382 1,372,437 281.8% Selling, general and administrative expenses (758,197) (1,286,924) (528,727) 69.7% D Finance cost (165,309) (328,745) (163,436) 98.9% E Foreign exchange gain (loss) 143,270 (146,065) (289,335) - F Derivative gain (loss) (excluding gain (loss) on investments) 228,815 (391,585) (620,400) - G Change in third-party interests in SVF (234,079) (176,641) 57,438 (24.5%) H Other gain 33,843 6,094 (27,749) (82.0%) Income before income tax 689,941 589,150 (100,791) (14.6%) Income taxes (125,797) (70,163) 55,634 (44.2%) I Net income 564,144 518,987 (45,157) (8.0%) Net income attributable to non-controlling interests 142,325 171,657 29,332 20.6% Net income attributable to owners of the parent 421,819 347,330 (74,489) (17.7%) Total comprehensive income (96,719) 988,456 1,085,175 - Comprehensive income attributable to owners of the parent (258,442) 795,851 1,054,293 - ♦ Overview of the Follow-on Investments (as of August 6, 2026) Note: 7. Ownership percentage is calculated on the basis of (1) all issued and outstanding preferred and common stock (assuming the issuance of all preferred shares in connection with the $122 billion financing round announced by OpenAI in February 2026), (2) outstanding and committed equity awards, and (3) outstanding and committed securities convertible into OpenAI’s equity securities, but excludes (1) the warrants held by OpenAI Foundation, a nonprofit organization, (2) shares of capital stock held by OpenAI or its subsidiaries as treasury stock, and (3) any unissued shares pursuant to the equity incentive plan approved by OpenAI’s board of directors. a. Consolidated Results of Operations SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 5
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The following is an overview of the primary and noteworthy components of the condensed interim consolidated statement of profit or loss. A Net Sales Net sales increased in the SoftBank segment and the AI Computing segment. For details, see “(c) SoftBank Segment” and “(d) AI Computing Segment” under “b. Results by Segment.” B Gain on Investments at Investment Business of Holding Companies Investment gain at Investment Business of Holding Companies was ¥1,382,212 million, primarily attributable to a ¥1,332,931 million gain on shares of Intel Corporation (“Intel”). For details, see “(a) Investment Business of Holding Companies Segment” under “b. Results by Segment.” C Gain on Investments at SoftBank Vision Funds Investment gain at SoftBank Vision Funds totaled ¥460,061 million, comprising gains of ¥384,963 million at SVF1 and ¥123,489 million at SVF2, partially offset by losses of ¥45,892 million at LatAm and ¥2,499 million on other investments. At SVF1, the investment gain was primarily driven by a $2.2 billion (¥358,435 million) increase in the fair value of Bytedance Ltd. (“ByteDance”), reflecting its strong business performance. At SVF2, the investment gain was primarily driven by increases in the fair value of certain private portfolio companies, reflecting higher valuations in recent transactions, as well as higher share prices of certain public portfolio companies. Gains and losses recorded in the SoftBank Vision Funds segment related to investments in the Company’s subsidiaries and others, including PayPay Corporation (“PayPay”), are eliminated on consolidation and therefore not recognized in the consolidated statement of profit or loss. For details, see “(b) SoftBank Vision Funds Segment” under “b. Results by Segment.” Primarily as a result of B and C, the total gain on investments was ¥1,859,382 million. D Selling, General and Administrative Expenses Selling, general and administrative expenses increased ¥528,727 million year on year to ¥1,286,924 million. Expenses in the AI Computing segment increased ¥200,491 million, reflecting higher share-based compensation expenses resulting from increased headcount, particularly among Arm engineers, and the acquisition of Ampere. Share-based compensation expenses are included in research and development expenses and other selling, general and administrative expenses. Expenses at Energy Global, which is included in Other in the segment information, increased ¥183,601 million, mainly due to higher share-based compensation expenses accounted for as cash-settled, following an increase in Energy Global’s fair value. E Finance Cost Interest expenses at SBG *1 increased ¥135,531 million year on year to ¥265,803 million. The increase was primarily due to interest on $11.5 billion borrowed in December 2025 through the margin loan backed by Arm shares and on $20.0 billion drawn under bridge loans in April 2026, as well as a higher outstanding balance of corporate bonds. Higher funding rates also contributed to the increase in interest expenses. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 6
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F Foreign Exchange Loss A foreign exchange loss of ¥146,065 million (net) was recorded, reflecting (i) a net U.S. dollar liability position at SBG and its domestic financing subsidiaries, with U.S. dollar-denominated liabilities, including intercompany borrowings and foreign currency-denominated senior notes, exceeding U.S. dollar-denominated cash, cash equivalents, and loans receivable, and (ii) the yen’s depreciation against the U.S. dollar from the previous fiscal year-end to the first quarter-end. Separately, the weaker yen increased the yen value of the net assets of overseas subsidiaries and associates, including SoftBank Vision Funds, whose functional currencies are the U.S. dollar and other foreign currencies. This favorable effect was not included in foreign exchange gains and losses. Instead, it was recognized in equity as an increase of ¥421,324 million in exchange differences from the translation of foreign operations within accumulated other comprehensive income in the consolidated statement of financial position. G Derivative Loss (Excluding Gain or Loss on Investments) A derivative loss of ¥453,418 million was recorded due to an increase in the fair value of warrants granted by Energy Global as incentives under lessor lease arrangements related to data centers. The warrants are convertible into Energy Global’s ordinary equity interests. H Change in Third-Party Interests in SVF Third-party interests in SVF increased ¥176,641 million. This was primarily driven by a ¥165,076 million increase in third-party interests at SVF1 attributable to investors entitled to performance-based distributions, following the recording of an investment gain of ¥384,272 million at SVF1 (on an SVF1 stand-alone basis). Primarily as a result of A through H, income before income tax was ¥589,150 million, a decrease of ¥100,791 million year on year. I Income Taxes Income taxes totaled ¥70,163 million, primarily due to income taxes recorded at operating companies, including SoftBank Corp. and LY Corporation. Primarily as a result of A through I, net income attributable to owners of the parent was ¥347,330 million, a decrease of ¥74,489 million year on year. Note: 1. Interest expenses of SBG include interest expenses of its wholly owned financing subsidiaries. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 7
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Segments Main businesses Core companies Reportable segments Investment Business of Holding Companies ·Investment activities by SBG and its subsidiaries SoftBank Group Corp. SoftBank Group Capital Limited SoftBank Group Japan Corporation SoftBank Group Overseas GK SB Northstar LP SoftBank Vision Funds ·Investment activities by SVF1, SVF2 and LatAm SB Investment Advisers (UK) Limited SoftBank Vision Fund L.P. SB Global Advisers Limited SoftBank Vision Fund II-2 L.P. SBLA Latin America Fund LLC SoftBank ·Consumer business: Provision of mobile and broadband services to individual customers ·Enterprise business: Provision of mobile services, solution services, and cloud and AI services to enterprise customers ·Distribution business: Provision of ICT services products to enterprise customers ·Media & EC business: Provision of media, advertising and commerce services ·Financial business: Provision of payment and financial services SoftBank Corp. LY Corporation PayPay Corporation AI Computing ·Design of semiconductor IP, chips and related technology ·Development and sale of semiconductor chips ·Sale of software tools and provision of related services Arm Holdings plc Ampere Computing Holdings LLC Graphcore Limited Other ·Solar power plant development, construction and operation, and data center development and construction ·Robotics-related business ·Fukuoka SoftBank HAWKS-related businesses Energy Global, LP Silver Bands 4 (US) Corp. Fukuoka SoftBank HAWKS Corp. b. Results by Segment The Company’s reportable segments are based on the components of its business activities used to determine the allocation of management resources and to evaluate performance. As of the first quarter-end, there are four reportable segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, and AI Computing. The following is a summary of the reportable segments. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 8
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♦ ¥1,382.2 billion investment gain, primarily driven by a ¥1,332.9 billion gain on Intel shares following an increase in its share price ♦ ¥1,051.6 billion segment income, after recording finance cost of ¥281.9 billion and foreign exchange loss of ¥147.9 billion (a) Investment Business of Holding Companies Segment OVERVIEW This segment is led by SBG, which conducts investment activities either directly or through its subsidiaries, as a strategic investment holding company. The segment comprises SBG, SoftBank Group Capital Limited, SoftBank Group Japan Corporation, SoftBank Group Overseas GK, SB Northstar (the asset management subsidiary), and certain other subsidiaries engaged in investment or financing activities. In this segment, gains and losses on investments comprise those arising from investments held directly or indirectly by SBG, but exclude investment gains and losses related to shares of subsidiaries, including dividends received from subsidiaries and impairment losses on such shares. This segment holds investments in portfolio companies, such as Intel and T-Mobile, most of which are classified as financial assets at fair value through profit or loss (FVTPL). Investments classified as financial assets at FVTPL are measured at fair value every quarter, with changes in fair value recorded as gains and losses on investments in the consolidated statement of profit or loss. Investment in listed stocks, corporate bonds and other instruments by the asset management subsidiary SB Northstar uses surplus funds at SBG to purchase and sell listed stocks, corporate bonds and other instruments. During the first quarter, the asset management subsidiary recorded an investment gain of ¥56.4 billion, including interest income from bond investments. Since inception, cumulative investment loss has totaled ¥664.5 billion. *1 As of the first quarter-end, its investment balance totaled ¥1,392.1 billion, including ¥1,248.0 billion in corporate bonds. The corporate bond portfolio consists primarily of investment-grade bonds with short remaining maturities. SBG indirectly holds a 67% stake in SB Northstar, while SBG’s Representative Director, Corporate Officer, Chairman & CEO Masayoshi Son indirectly holds a 33% interest. The portion attributable to Masayoshi Son’s interest is deducted from the gains and losses on investments at SB Northstar as a non-controlling interest; therefore, 67% of SB Northstar’s gains and losses on investments is reflected in net income attributable to owners of the parent. In the event that, at the end of the fund life (12 years + 2-year extension), SB Northstar has any unfunded repayment obligations to SBG, Masayoshi Son will cover his pro rata share of any such unfunded obligations based on his relative ownership percentage in SB Northstar. Note: 1. The cumulative investment loss includes dividend income and interest received from bond investments, but excludes the impact of SB Northstar’s investments in three special purpose acquisition companies controlled by SB Investment Advisers (US) Inc. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 9
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(Millions of yen) Three months ended June 30 2025 2026 Change Change % Gain (loss) on investments (256,548) 1,382,212 1,638,760 - A Selling, general and administrative expenses (19,140) (27,051) (7,911) 41.3% Finance cost (146,581) (281,853) (135,272) 92.3% B Foreign exchange gain (loss) 131,780 (147,948) (279,728) - Derivative gain (excluding gain (loss) on investments) 228,468 53,733 (174,735) (76.5%) Other gain 41,083 72,524 31,441 76.5% Segment income (income before income tax) (20,938) 1,051,617 1,072,555 - FINANCIAL RESULTS A Gain on investments: ¥1,382,212 million An investment gain of ¥1,332,931 million was recorded on Intel shares following an increase in its share price. B Finance cost: ¥281,853 million (increase of ¥135,272 million year on year) Interest expenses at SBG *1 increased ¥126,681 million year on year to ¥272,756 million. The increase was primarily due to interest on $11.5 billion borrowed in December 2025 through the margin loan backed by Arm shares and on $20.0 billion drawn under bridge loans in April 2026, as well as a higher outstanding balance of corporate bonds. Higher funding rates also contributed to the increase in interest expenses. Note: 1. Interest expenses of SBG include interest expenses of its wholly owned financing subsidiaries. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 10
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(Millions of yen) June 30, 2026 Cash and cash equivalents 5,798 Investment securities (a) 511,642 Securities pledged as collateral (b) 880,435 Investment balance subtotal (a) + (b) 1,392,077 including corporate bonds 1,247,970 Derivative financial assets 22 Loans receivable and interest receivable*1 814,997 Other 17,543 Total assets 2,230,437 Interest-bearing debt 684,893 Derivative financial liabilities in asset management subsidiaries 2,836 Borrowed securities 1,764 Other 3,083 Total liabilities 692,576 Investments from Delaware subsidiaries*2 1,971,699 Equivalent amount of cash investments by SBG in Delaware subsidiaries 39,786 Equivalent amount of loans to Delaware subsidiaries held by SBG (the amount entrusted by SBG related to asset management) 1,912,020 Equivalent amount of cash investments by Masayoshi Son in Delaware subsidiaries 19,893 A Retained earnings (713,105) B Exchange differences 279,267 Equity 1,537,861 C (Millions of yen) Equivalent amount of cash investments by Masayoshi Son in Delaware subsidiaries 19,893 A Cumulative loss attributable to non-controlling interests*3 (237,612) Exchange differences on translating foreign operations 103,238 Non-controlling interests (interests of Masayoshi Son) (114,481) D (Millions of yen) Interests of SBG 1,652,342 Non-controlling interests (interests of Masayoshi Son) (114,481) D Equity 1,537,861 C Reference: Impact of the asset management subsidiary on the condensed interim consolidated statement of financial position Notes: 1. Loans to SBG and related accrued interest (eliminated on consolidation as intragroup transactions) 2. Represents the investment amounts from the Company’s subsidiaries, Delaware Project 1 L.L.C., Delaware Project 2 L.L.C. and Delaware Project 3 L.L.C. (collectively, the “Delaware subsidiaries”), into SB Northstar, the asset management subsidiary. (Calculation of non-controlling interests) Note: 3. One third of B in the above table (Interests in equity (C above)) SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 11
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Borrower Type Balance as of June 30, 2026 in the condensed interim consolidated statement of financial position SBG Borrowings ¥3,100.9 billion Corporate bonds ¥8,897.3 billion Lease liabilities ¥6.2 billion Commercial paper ¥233.8 billion Wholly owned financing subsidiaries Bridge loans for follow-on investments in OpenAI ¥1,119.3 billion Margin loan backed by Arm shares*1 ¥3,221.0 billion Margin loan backed by SoftBank Corp. shares*1 ¥1,197.0 billion Prepaid forward contracts (collar contracts) backed by T-Mobile shares*1 ¥265.6 billion SB Northstar Prime brokerage loans backed by securities*1 ¥684.9 billion Main interest-bearing debt and lease liabilities in this segment Note: 1. Nonrecourse to SBG SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 12
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(As of June 30, 2026; in billions of U.S. dollars) Since Inception The Fiscal Year*1 Investment cost Returns Gain/loss Gain/loss Apr - Jun SVF1 Exited investments 48.8 73.0 24.2 0.9 Investments before exit 38.4 40.2 1.8 2.3 Interest/Dividends - 0.6 0.6 0.0 Total 87.2 113.8 26.6 SVF2 Exited investments 11.2 7.1 (4.1) 0.2 Investments before exit 98.6 123.8 25.2 (0.6) Interest/Dividends - 0.2 0.2 0.0 Total 109.8 131.1 21.3 ♦ SVF1: $113.8 billion in cumulative returns on $87.2 billion of investments, representing a gross gain of $26.6 billion - Investment gain for the first quarter was $2.4 billion (¥384.3 billion). This included a $2.2 billion (¥358.4 billion) investment gain on ByteDance, resulting from an increase in its fair value that reflected strong business performance. ♦ SVF2: $131.1 billion in cumulative returns on $109.8 billion of investments, representing a gross gain of $21.3 billion - Investment loss for the first quarter was $0.5 billion (¥80.1 billion), primarily reflecting declines in the share prices of public portfolio companies, including PayPay and Symbotic, partially offset by increases in the fair value of certain private portfolio companies following higher valuations in recent transactions. No investment gain or loss related to OpenAI was recorded. (b) SoftBank Vision Funds Segment Notes: * Public portfolio companies are those whose shares trade on stock exchanges or over-the-counter markets. Private portfolio companies are those that do not fall under the category of public portfolio companies. Returns and gross gains and losses are before deducting third-party interests, taxes and expenses. Investment returns represent the exit price for exited investments, the fair value for investments before exits and the respective amounts received for interest or dividends. The same applies hereinafter. 1. The amount of gains and losses for exited investments for the fiscal year represents the exit price, net of the investment cost of such investments. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 13
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SVF1 SVF2 LatAm Primary limited partnership SoftBank Vision Fund L.P. SoftBank Vision Fund II-2 L.P. SBLA Latin America Fund LLC Total committed capital (billions of U.S. dollars) 98.6 143.2 7.8 The Company: 33.1*1 Third-party investors: 65.5 The Company: 140.6 Third-party investor (MgmtCo): 2.6*2 The Company: 7.4 Third-party investor (MgmtCo): 0.4*2 Manager SBIA (The Company’s wholly owned U.K. subsidiary) SBGA (The Company’s wholly owned U.K. subsidiary) Investment period Ended on September 12, 2019 To be determined by the manager Fund life Until November 20, 2029 + up to two one-year extension options by SBIA Until October 4, 2032 + up to two one-year extension options by SBGA OVERVIEW Segment results primarily comprise the investment and operational activities of SVF1, SVF2 and LatAm. Outline of principal funds in the segment As of June 30, 2026 The funds aim to maximize returns from a medium- to long-term perspective through investments in high-growth- potential companies leveraging AI. SVF1’s investment period has ended, and the remaining undrawn capital is reserved for fixed distributions and operating expenses. Notes: 1. The Company’s committed capital to SVF1 includes approximately $8.2 billion of an obligation that was satisfied by using Arm shares (all such shares have been contributed) and $2.5 billion to be used for an incentive scheme related to SVF1. 2. A co-investment program has been introduced for SVF2 and LatAm for the Company’s management. MgmtCo, an investment entity for the co-investment program, participates in the two funds. The interest attributable to MgmtCo is treated as a third-party interest in the Company’s consolidated financial statements. For details, see “Co-investment program with restricted rights to receive distributions” under “14. Related party transactions” in “(7) Notes to Condensed Interim Consolidated Financial Statements” in “3. Condensed Interim Consolidated Financial Statements and Primary Notes.” Fair value measurement of investments SVF1, SVF2 and LatAm calculate the fair value of their investments at each quarter-end in accordance with IFRS 13 “Fair Value Measurement” and based on the SBIA Global Valuation Policy and the International Private Equity and Venture Capital Valuation Guidelines. For public portfolio companies, the fair values of portfolio companies traded on stock exchanges are determined using quoted prices, while the fair values of those traded on over-the- counter markets are determined using single or multiple factors, such as quoted prices and other observable inputs. For private portfolio companies, one or more valuation methods are used, including the market approach using figures of market comparable companies, the income approach using estimated future cash flows, and the recent transactions method using prices of recent funding rounds and similar transactions. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 14
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(Millions of yen) Three months ended June 30 2025 2026 Change Change % Gain on investments*1 726,837 255,783 (471,054) (64.8%) SVF1 517,379 384,272 (133,107) (25.7%) SVF2 114,453 (80,098) (194,551) - LatAm 70,383 (45,892) (116,275) - Others 24,622 (2,499) (27,121) - Selling, general and administrative expenses (13,521) (16,197) (2,676) 19.8% Finance cost (40,183) (64,253) (24,070) 59.9% Change in third-party interests in SVF*2 (234,079) (176,641) 57,438 (24.5%) Other gain 12,340 6,735 (5,605) (45.4%) Segment income (income before income tax) 451,394 5,427 (445,967) (98.8%) FINANCIAL RESULTS Notes: 1. Gains and losses on investments associated with the change in valuation of SoftBank Vision Funds’ investments in shares of the Company’s subsidiaries and others (mainly PayPay and Robo HD) are included in segment income of the SoftBank Vision Funds segment as “gain on investments” but are eliminated in consolidation and not included in “gain on investments - SoftBank Vision Funds” in the consolidated statement of profit or loss. 2. Change in third-party interests in SVF represents the gains and losses attributable to third-party investors, which are calculated based on the gains and losses on investments at each fund, net of (i) management and performance fees payable to SBIA from SVF1; (ii) management and performance-linked management fees payable to SBGA from SVF2; (iii) management fees, performance-linked management fees, and performance fees payable to SBGA from LatAm; and (iv) operating and other expenses of SVF. For details, see “(2) Third-party interests in SVF” under “3. SoftBank Vision Funds business” in “(7) Notes to Condensed Interim Consolidated Financial Statements” in “3. Condensed Interim Consolidated Financial Statements and Primary Notes.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 15
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(Billions of U.S. dollars) Cumulative number of investments Cumulative investment cost Cumulative investment return Cumulative gain/loss*1 94 87.2 113.8 26.6 Number of investments Investment cost Exit price Cumulative gain/loss*1 Gain/loss recorded for the fiscal year Apr - Jun Partial exit - 6.8 12.9 6.1 0.8 Full exit 43 42.0 60.1 18.1 0.1 Total 43 48.8 73.0 24.2 0.9 Number of investments Investment cost Fair value Cumulative gain/loss*4 Gain/loss recorded for the fiscal year Apr - Jun Public*3 15 18.9 12.9 (6.0) (0.4) Private 36 19.5 27.3 7.8 2.7 Total 51 38.4 40.2 1.8 2.3 Interest and dividend income Cumulative gain/loss Gain/loss recorded for the fiscal year Apr - Jun Total 0.6 0.6 0.0 Investment performance As of June 30, 2026 SVF1 Total ((1) + (2) + (3) below) (1) Exited investments (2) Investments before exit (investments held at the first quarter-end)*2 (3) Interest and dividend income from investments Notes: 1. Before deducting third-party interests, taxes and expenses 2. The classification of portfolio companies as public/private is based on their status as of the first quarter-end. 3. Includes DiDi Global Inc. and Getaround, Inc., which are traded on the over-the-counter market. 4. For a certain investment that was initially determined to be transferred from the Company to SVF1 but later canceled, any gains and losses incurred for the fiscal year leading up to the decision to cancel the transfer are excluded from this section. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 16
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(Billions of U.S. dollars) Cumulative number of investments Cumulative investment cost Cumulative investment return Cumulative gain/loss*1 315 109.8 131.1 21.3 Number of investments Investment cost Exit price Cumulative gain/loss*1 Gain/loss recorded for the fiscal year Apr - Jun Partial exit - 3.5 3.2 (0.3) 0.3 Full exit 36 7.7 3.9 (3.8) (0.1) Total 36 11.2 7.1 (4.1) 0.2 Number of investments Investment cost Fair value Cumulative gain/loss Gain/loss recorded for the fiscal year Apr - Jun Public 22 7.8 7.1 (0.7) (1.1) Private 257 90.8 116.7 25.9 0.5 Total 279 98.6 123.8 25.2 (0.6) Interest and dividend income Cumulative gain/loss Gain/loss recorded for the fiscal year Apr - Jun Total 0.2 0.2 0.0 SVF2 Total ((1) + (2) + (3) below) (1) Exited investments (2) Investments before exit (investments held at the first quarter-end)*2 (3) Interest and dividend income from investments Notes: 1. Before deducting third-party interests, taxes and expenses 2. The classification of portfolio companies as public/private is based on their status as of the first quarter-end. LatAm As of the first quarter-end, LatAm posted $6.6 billion in cumulative returns on $7.6 billion in investments, with a gross loss of $1.0 billion since inception. For the first quarter, investment loss was $0.3 billion. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 17
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(Billions of U.S. dollars) Total The Company Third-party investors Committed capital (A) 98.6 33.1 65.5 Drawn capital*1 (B) 87.1 29.8 57.3 Return of capital (non-recallable) (C) 56.9 14.5 42.4 Outstanding capital*2 (D) = (B) – (C) 30.2 15.3 14.9 Remaining committed capital (E) = (A) – (B) 11.5 3.3 8.2 (Billions of U.S. dollars) Total Committed capital (A) 143.2 Drawn capital (B) 105.3 Remaining committed capital (C) = (A) – (B) 37.9 Total committed capital 143.2 The Company’s equity commitment to investments outside the scope of the co-investment program 17.0 The Company’s preferred equity commitment to SVF2 LLC 111.2 The Company’s equity commitment to SVF2 LLC 12.4 MgmtCo’s equity commitment to SVF2 LLC 2.6 For a complete list of portfolio companies and historical quarterly results of SVF1, SVF2 and LatAm, see the Data Sheets under “Earnings Results Briefing” on the Company’s website at https://group.softbank/en/ir/presentations/. Capital deployment As of June 30, 2026 SVF1 Notes: * The Company’s committed capital to SVF1 includes approximately $8.2 billion of an obligation that was satisfied using Arm shares (all said shares have been contributed) and $2.5 billion to be used for an incentive scheme related to SVF1. 1. Drawn capital excludes the amount repaid to limited partners after the capital was drawn due to investment plan changes and other factors. 2. As of the first quarter-end, $3.1 billion of the $14.9 billion in outstanding capital from third-party investors was attributable to preferred equity commitment. SVF2 Note: Remaining committed capital includes recallable return of capital. (Reference: Breakdown of committed capital as of June 30, 2026) Note: As of the first quarter-end, no capital has been paid by MgmtCo. SVF2 LLC (SVF II Investment Holdings LLC) is a subsidiary of the Company established under SVF2 and indirectly holds investments subject to the co-investment program. As of the first quarter-end, the total committed capital for LatAm was $7.8 billion, with drawn capital totaling $7.7 billion. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 18
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♦ Growth Strategy: Positioning the Enterprise business as a key pillar of its growth strategy and driving growth primarily through cloud and AI services ♦ Net Sales: Increased 9.4% YoY, with revenue growth across all businesses ♦ Segment Income: Increased 5.0% YoY, primarily due to higher income in the Financial and Enterprise businesses (Millions of yen) Three months ended June 30 2025 2026 Change Change % Net sales 1,657,744 1,813,896 156,152 9.4% Segment income (income before income tax) 278,540 292,538 13,998 5.0% Depreciation and amortization (183,135) (197,895) (14,760) 8.1% Gain on investments 5,388 9,641 4,253 78.9% Finance cost (21,218) (28,638) (7,420) 35.0% Other gain 10,446 3,481 (6,965) (66.7%) (c) SoftBank Segment OVERVIEW In this segment, SoftBank Corp. and its subsidiaries primarily provide mobile services and sell mobile devices in Japan, as well as offer broadband services, solution services and cloud and AI services for enterprise customers, advertising and commerce-related services, and payment and financial services. For individual customers, reflecting the growing importance of the group’s ecosystem integrating loyalty points, payments, financial services, e- commerce and other offerings, the segment is working to expand customer referrals across services and the group’s ecosystem. It does so by maintaining telecommunications services as a stable earnings base while leveraging its telecommunications customer base and a broad range of customer touchpoints, including Yahoo! JAP AN, LINE and PayPay. Under the growth strategy “Activate AI for Society,” the segment has positioned the Enterprise business as a key pillar supporting this growth. Building on its telecommunications customer base, it is expanding the provision of advanced digital transformation (DX) solutions and cloud and AI services. It is also developing AI infrastructure, including AI computing platforms and AI data centers, and advancing the monetization of these assets. FINANCIAL RESULTS Net sales increased ¥156,152 million (9.4%) year on year to ¥1,813,896 million, reflecting revenue growth across all businesses. Segment income increased ¥13,998 million (5.0%) year on year to ¥292,538 million. The increase in segment income was mainly attributable to higher profit in the Financial and Enterprise businesses. In the Financial business, profit increased due to higher fee income resulting from growth in the payment transaction volume of PayPay and PayPay Card Corporation, as well as an increase in interest income driven by growth in finance receivables, including revolving credit balances, at PayPay Card Corporation. In the Enterprise business, profit increased due to higher cloud and AI revenue, particularly from AI computing platforms. The Consumer business, which is the core earnings contributor, recorded higher revenue but lower profit. In smartphone customer acquisition, the business shifted its focus toward long-term customer retention and profitability, resulting in a decline in the cumulative number of contracts. Meanwhile, the average revenue per user for telecommunications services increased due to factors including the broader adoption of new rate plans, and SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 19
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For more information on SoftBank Corp.’s financial results and business operations, please refer to its website at https://www.softbank.jp/en/corp/ir/. mobile service revenue, which represents a stable earnings base, continued to grow. Mobile device sales also increased due to a rise in the average selling price of mobile devices. However, profit decreased because higher expenses, including amortization of capitalized customer acquisition costs, more than offset the positive impact of the revenue increase. The Media & EC business recorded lower profit because a one-time gain had been recognized in the same period of the previous fiscal year in connection with the remeasurement of the previously held equity interest upon the consolidation of LINE Bank Taiwan Limited. Excluding the impact of this one-time gain, profit increased, driven by growth in account advertising services, including LINE Official Account for companies and stores, reflecting an increase in the number of paid accounts and growth in usage-based charges. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 20
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♦ Net sales increased 17.8% YoY in U.S. dollar terms (30.2% increase in yen terms), driven by higher revenue at Arm. ♦ Segment income deteriorated ¥168.4 billion YoY, primarily due to higher research and development expenses associated with the development of next-generation technologies to underpin future growth. (Millions of yen) Three months ended June 30 2025 2026 Change Change % Net sales 134,623 175,253 40,630 30.2% Segment income (income before income tax) (32,411) (200,841) (168,430) - Depreciation and amortization*1 (24,414) (36,774) (12,360) 50.6% Gain on investments 244 1,124 880 360.7% Finance cost (947) (2,228) (1,281) 135.3% Other gain 6,028 5,284 (744) (12.3%) (d) AI Computing Segment Note: 1. Depreciation and amortization expenses include amortization expenses of ¥15,273 million for the first quarter and ¥14,181 million for the same period of the previous fiscal year. These expenses are related to intangible assets recognized in the purchase price allocation at the time of the acquisition of Arm. OVERVIEW In this segment, semiconductor-related subsidiaries such as Arm, Ampere, and Graphcore Limited (“Graphcore”) are working together to enhance the Group’s semiconductor business toward the realization of Artificial Superintelligence (ASI). Arm delivers industry-leading compute platforms that combine exceptional performance with superior energy efficiency, with its technologies deployed across a broad spectrum of products, including smartphones, data-center servers, IoT devices and automotive systems. In March 2026, Arm announced Arm AGI CPU, its first Arm- designed silicon chip since its founding. Designed specifically as a data center CPU for general-purpose cloud and agentic AI workloads, this product marks a significant strategic shift for Arm, extending its compute platform from its established IP licensing and Compute Subsystem (CSS) offerings into the realm of proprietary silicon chips. This development is expected to further accelerate innovation across Arm’s entire ecosystem. Ampere specializes in designing high-performance, energy-efficient CPUs for AI-driven workloads, built on the Arm compute platform. Graphcore has a proven track record in the design and development of semiconductor chips specialized for AI. These semiconductor-related subsidiaries will continue to invest in R&D to build the future of AI computing, while advancing the development of new technologies, including new compute platforms delivered as semiconductor IP, chips, and related technologies, which will enable their customers to develop next-generation products. Since the fiscal year ended March 31, 2025, a wholly owned subsidiary of the Company and Arm have entered into agreements related to technology licensing and design services (the “Agreements” in this section). Under the Agreements, the Company’s wholly owned subsidiary receives licenses for Arm’s semiconductor IP and design services for joint research and development aimed at creating future new technologies. In this segment, transactions between the Company’s wholly owned subsidiary and Arm are eliminated as intra-segment transactions. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 21
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(Millions of U.S. dollars) Three months ended June 30 2025 2026 Change Change % Net sales (U.S. dollar-based) 927 1,092 165 17.8% For more information on Arm’s U.S. GAAP-based financial results and business operations, please refer to Arm’s website at https://investors.arm.com/. FINANCIAL RESULTS Net sales Net sales in this section are presented in U.S. dollars as the segment’s revenue is primarily denominated in U.S. dollars. Net sales increased $165 million (17.8%) year on year to $1,092 million, primarily driven by higher revenue at Arm. This was mainly attributable to an increase in Arm’s royalty revenue. Royalty revenue increased across all three business units: Cloud AI (data centers and networks), Edge AI (smartphones, PCs and IoT devices), and Physical AI (autonomous vehicles and robotics). In Cloud AI, the increase in royalty revenue was driven by growth in shipments of Arm-based server chips to major hyperscalers, as well as increased deployment of equipment incorporating Arm-based networking chips in data centers. In Edge AI, the positive impact of higher royalty rates per chip, reflecting increased adoption of CPUs based on Arm’s latest-generation Armv9 technology and CSS, more than offset the impact of lower sales of low-end smartphones resulting from higher memory prices. In Physical AI, increased adoption of Arm technology in chips for advanced driver assistance systems (ADAS) contributed to higher revenue. Segment income Segment income deteriorated ¥168,430 million year on year, resulting in a segment loss of ¥200,841 million. This was primarily attributable to an increase in research and development expenses at Arm and Graphcore, mainly reflecting higher share-based compensation expenses for additional engineers hired to develop next-generation technologies that will support future growth. The high level of research and development expenses at Ampere, which became a subsidiary in November 2025, also contributed to the deterioration in segment income. Arm, Ampere and Graphcore use share-based compensation as a component of employee incentive compensation. Arm mainly grants restricted share units (RSUs), while Ampere and Graphcore grant phantom shares linked to Arm’s share price. TECHNOLOGY DEVELOPMENT Arm and its licensees made the following technology-related announcements during the first quarter. For details on each technology development, please refer to the press releases published on the websites of the announcing companies. · In June 2026, NVIDIA Corporation announced the NVIDIA RTX Spark superchip based on Arm technology that will reinvent the Windows PC for the agentic AI era. These PCs will provide high AI processing performance, industry-leading power efficiency, NVIDIA’s full-stack AI and graphics technologies, and up to 128 GB of memory. Major PC manufacturers also announced plans to develop laptops powered by RTX Spark. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 22
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1. Status of investment assets ♦ Carrying amount of investments of SVF (FVTPL)*1 was ¥25,635.0 billion, an increase of ¥2,139.3 billion from the previous fiscal year-end.*2 Carrying amount of investments at SVF2 increased ¥1,918.2 billion from the previous fiscal year-end. The carrying amount of OpenAI shares was ¥14,549.2 billion, an increase of ¥1,823.7 billion following a $10.0 billion follow-on investment in OpenAI. ♦ Carrying amount of investment securities was ¥5,644.6 billion, an increase of ¥1,380.0 billion from the previous fiscal year-end.*2 Carrying amount of Intel shares was ¥1,971.7 billion, an increase of ¥1,358.2 billion following an increase in Intel’s share price. 2. Changes in liabilities from financing activities ♦ Interest-bearing debt of SBG totaled ¥12,232.0 billion, a decrease of ¥84.8 billion from the previous fiscal year-end. - Borrowings totaled ¥3,100.9 billion, a decrease of ¥859.8 billion from the previous fiscal year-end: · The remaining balance of $12.0 billion under bridge loans, which were originally borrowed in the previous fiscal year to fund the follow-on investment in OpenAI and the acquisition of Ampere, was fully repaid. · Under the bridge facility agreement entered into in March 2026, $10.0 billion was borrowed, followed by repayments totaling $0.9 billion. The outstanding balance was ¥1,452.6 billion as of the first quarter-end. - Corporate bonds totaled ¥8,897.3 billion, an increase of ¥726.9 billion from the previous fiscal year-end: The outstanding balance increased ¥1,228.3 billion following the issuance of domestic and foreign currency-denominated bonds, partially offset by a ¥537.2 billion decrease resulting from the redemption of domestic and foreign currency-denominated bonds. ♦ Interest-bearing debt of wholly owned financing subsidiaries totaled ¥5,803.0 billion, an increase of ¥1,178.7 billion from the previous fiscal year-end.*2 Borrowings totaled ¥5,537.4 billion, an increase of ¥1,172.3 billion from the previous fiscal year-end: Under the bridge facility agreement entered into in March 2026, $10.0 billion was borrowed to fund the follow-on investment in OpenAI, followed by repayments totaling $2.7 billion. The outstanding balance was ¥1,119.3 billion as of the first quarter-end. 3. Changes in equity ♦ Total equity increased ¥884.4 billion from the previous fiscal year-end. - Retained earnings increased following the recording of ¥347.3 billion in net income attributable to owners of the parent. - Exchange differences on translating foreign operations increased ¥421.3 billion due to the yen’s depreciation compared with the previous fiscal year-end. ♦ Ratio of equity attributable to owners of the parent (equity ratio) was 28.3% at the first quarter-end, compared with 29.0% at the previous fiscal year-end. (2) Overview of Financial Position SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 23
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(Millions of yen) March 31, 2026 June 30, 2026 Change Change % Total assets 60,749,547 65,135,153 4,385,606 7.2% Total liabilities 40,281,115 43,782,301 3,501,186 8.7% Total equity 20,468,432 21,352,852 884,420 4.3% (Millions of yen) March 31, 2026 June 30, 2026 Change Cash and cash equivalents 5,362,150 3,927,072 (1,435,078) Trade and other receivables 3,302,622 3,306,715 4,093 Derivative financial assets 44,221 81,239 37,018 Other financial assets 2,135,608 2,323,364 187,756 Inventories 240,179 260,860 20,681 Other current assets 730,821 792,938 62,117 Total current assets 11,815,601 10,692,188 (1,123,413) Property, plant and equipment 3,446,559 4,217,004 770,445 A Right-of-use assets 921,612 1,084,502 162,890 Goodwill 7,314,532 7,384,664 70,132 Intangible assets 2,469,843 2,481,264 11,421 Costs to obtain contracts 439,265 439,379 114 Investments accounted for using the equity method 739,274 670,099 (69,175) Investments of SVF (FVTPL) 23,495,706 25,635,032 2,139,326 B SVF1 6,265,581 6,519,443 253,862 SVF2 16,320,923 18,239,172 1,918,249 LatAm 909,202 876,417 (32,785) Investment securities 4,264,641 5,644,622 1,379,981 C Derivative financial assets 327,547 401,994 74,447 Other financial assets 3,701,668 3,892,599 190,931 Deferred tax assets 273,591 388,004 114,413 Other non-current assets 1,539,708 2,203,802 664,094 D Total non-current assets 48,933,946 54,442,965 5,509,019 Total assets 60,749,547 65,135,153 4,385,606 Notes: 1. Investments of SVF (FVTPL) exclude SVF’s investments in the Company’s subsidiaries (primarily Robo HD and PayPay), as well as investments transferred from the Company to the funds that continue to be accounted for using the equity method after the transfer. The latter are included in investments accounted for using the equity method. 2. Includes increases in carrying amounts resulting from the 1.6% depreciation of the yen against the U.S. dollar between the previous fiscal year-end and the first quarter-end. (a) Assets SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 24
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Components Main reasons for changes from the previous fiscal year-end Non-current assets A Property, plant and equipment Property, plant and equipment increased ¥725,871 million due to the acquisition of assets related to power generation and data centers in the U.S. B Investments of SVF (FVTPL) · The carrying amount of investments at SVF1 increased ¥253,862 million, or $1.0 billion.*1 The increase reflected a $2.4 billion increase in the fair value of portfolio companies held as of the first quarter-end, partially offset by a $1.4 billion decrease resulting from divestments. · The carrying amount of investments at SVF2 increased ¥1,918,249 million, or $10.2 billion.*1 The increase reflected $10.1 billion of follow-on and new investments, including a $10.0 billion follow-on investment in OpenAI, and a $0.6 billion increase in the fair value of portfolio companies held as of the first quarter-end, partially offset by a $0.5 billion decrease resulting from divestments. The carrying amount of these SVF investments also included the impact of the 1.6% depreciation of the yen against the U.S. dollar between the previous fiscal year-end and the first quarter-end. For details, see “(b) SoftBank Vision Funds Segment” under “b. Results by Segment” in “(1) Overview of Results of Operations.” C Investment securities · The carrying amount of Intel shares increased ¥1,358,175 million to ¥1,971,697 million, primarily reflecting an increase in share price (from $44.13 per share as of March 31, 2026 to $139.63 per share as of June 30, 2026), as well as the impact of the 1.6% depreciation of the yen against the U.S. dollar between the previous fiscal year-end and the first quarter-end. · The carrying amount of asset management products, including bonds, held by PayPay Bank Corporation increased ¥5,124 million to ¥1,255,200 million as of the first quarter-end. D Other non-current assets Advance payments related to the acquisition of assets for power generation and data centers in the U.S. increased ¥613,087 million. Reasons for changes by primary component Note: 1. Includes the impact of changes in exchange rates between local currencies and the U.S. dollar. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 25
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(Millions of yen) March 31, 2026 June 30, 2026 Change Investment Business of Holding Companies segment 2,812,040 911,071 (1,900,969) SBG 2,523,841 754,752 (1,769,089) Wholly owned financing subsidiaries 16,213 16,558 345 SB Northstar 7,756 5,798 (1,958) Others 264,230 133,963 (130,267) SoftBank Vision Funds segment 333,258 229,997 (103,261) SVF1 106,518 73,457 (33,061) SVF2 153,695 72,866 (80,829) LatAm 7,127 5,740 (1,387) SBIA, SBGA, SBLA Advisers Corp. 65,918 77,934 12,016 SoftBank segment 1,438,799 1,645,785 206,986 SoftBank Corp. 249,537 345,417 95,880 LY Corporation 240,123 293,662 53,539 PayPay and its subsidiaries*1 363,081 491,088 128,007 Others*1 586,058 515,618 (70,440) AI Computing segment 492,849 633,665 140,816 Arm and its subsidiaries 439,814 496,621 56,807 Others 53,035 137,044 84,009 Others 285,204 506,554 221,350 Total 5,362,150 3,927,072 (1,435,078) Reference: Cash and cash equivalents by entity Consolidated cash and cash equivalents decreased ¥1,435.1 billion from the previous fiscal year-end to ¥3,927.1 billion. For details, see “(3) Overview of Cash Flows.” Notes: * The figures are shown after consolidation eliminations. 1. Cash and cash equivalents of the banking subsidiaries PayPay Bank Corporation and LINE Bank Taiwan Limited were ¥443,364 million at the first quarter-end. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 26
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(Millions of yen) March 31, 2026 June 30, 2026 Change Interest-bearing debt 7,251,630 7,559,173 307,543 Lease liabilities 184,666 212,501 27,835 Deposits for banking business 2,550,998 2,642,036 91,038 Trade and other payables 3,616,646 3,880,117 263,471 Derivative financial liabilities 137,858 197,056 59,198 A Other financial liabilities 39,944 44,359 4,415 Income taxes payable 182,506 175,961 (6,545) Provisions 79,296 87,217 7,921 Other current liabilities 790,004 871,682 81,678 Total current liabilities 14,833,548 15,670,102 836,554 Interest-bearing debt 17,433,486 19,085,685 1,652,199 Lease liabilities 793,784 933,369 139,585 Third-party interests in SVF 3,746,396 3,837,836 91,440 Derivative financial liabilities 549,000 913,591 364,591 A Other financial liabilities 450,847 547,577 96,730 Provisions 216,527 220,664 4,137 Deferred tax liabilities 1,443,678 1,600,134 156,456 Other non-current liabilities 813,849 973,343 159,494 Total non-current liabilities 25,447,567 28,112,199 2,664,632 Total liabilities 40,281,115 43,782,301 3,501,186 Components Main reasons for changes from the previous fiscal year-end *See “Reference” on the following page for a breakdown of interest-bearing debt. A Derivative financial liabilities Due to an increase in the fair value of warrants granted by Energy Global that are convertible into its ordinary equity interests, the related current derivative financial liabilities increased ¥60,085 million ($0.36 billion) from the previous fiscal year-end to ¥177,307 million, while the related non-current derivative financial liabilities increased ¥407,796 million ($2.47 billion) to ¥873,536 million. The total derivative financial liabilities related to these warrants were ¥1,050,843 million as of the first quarter-end. (b) Liabilities Reasons for changes by primary component SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 27
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(Millions of yen) March 31, 2026 June 30, 2026 Change Investment Business of Holding Companies segment 17,750,190 18,726,589 976,399 SBG 12,323,379 12,238,207 (85,172) Borrowings 3,960,719 3,100,896 (859,823) A Corporate bonds 8,170,429 8,897,341 726,912 B Lease liabilities 6,531 6,170 (361) Commercial paper 185,700 233,800 48,100 Wholly owned financing subsidiaries*1 4,624,293 5,803,001 1,178,708 Borrowings 4,365,079 5,537,359 1,172,280 C Financial liabilities relating to sale of shares by prepaid forward contracts 259,214 265,642 6,428 SB Northstar*2 801,937 684,893 (117,044) Borrowings 801,937 684,893 (117,044) D Others 581 488 (93) SoftBank Vision Funds segment 831,684 824,904 (6,780) SVF2 814,300 805,344 (8,956) Borrowings 814,300 805,344 (8,956) SBIA, SBGA, SBLA Advisers Corp. 17,384 19,560 2,176 Lease liabilities 17,384 19,560 2,176 SoftBank segment 6,484,252 7,421,040 936,788 SoftBank Corp. 4,358,041 4,831,668 473,627 Borrowings 2,731,492 2,914,655 183,163 Corporate bonds 1,159,938 1,398,557 238,619 Lease liabilities 466,611 483,456 16,845 Commercial paper - 35,000 35,000 LY Corporation 1,141,579 1,282,053 140,474 Borrowings 603,042 704,830 101,788 Corporate bonds 474,345 489,370 15,025 Lease liabilities 64,192 87,853 23,661 PayPay and its subsidiaries*3 554,383 745,903 191,520 Others*3 430,249 561,416 131,167 AI Computing segment 95,545 98,559 3,014 Arm and its subsidiaries 78,818 82,418 3,600 Lease liabilities 78,818 82,418 3,600 Others 16,727 16,141 (586) Others 501,895 719,636 217,741 Other interest-bearing debt 456,789 673,657 216,868 Lease liabilities 45,106 45,979 873 Total 25,663,566 27,790,728 2,127,162 Reference: Interest-bearing debt and lease liabilities (current and non-current) Notes: * The figures are presented after consolidation eliminations. 1. Except for bridge loans for the follow-on investments in OpenAI (with an outstanding balance of ¥1,119,310 million as of the first quarter-end), all interest-bearing debt is nonrecourse to SBG. 2. Nonrecourse to SBG 3. Deposits related to banking operations of the banking subsidiaries PayPay Bank Corporation and LINE Bank Taiwan Limited are not included in interest-bearing debt. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 28
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Components Details Investment Business of Holding Companies segment SBG A Borrowings · The remaining balance of $12.0 billion under bridge loans, which were originally borrowed in the previous fiscal year to fund the follow-on investment in OpenAI and the acquisition of Ampere, was fully repaid. As a result, borrowings decreased ¥1,917,697 million. · Under the bridge facility agreement entered into in March 2026, SBG borrowed $10.0 billion and subsequently repaid $0.9 billion. As a result, borrowings increased ¥1,452,593 million. B Corporate bonds · SBG issued ¥678.0 billion of domestic hybrid bonds, while redeeming ¥405.0 billion of domestic hybrid bonds on the first voluntary call date and ¥30.0 billion of domestic straight bonds at maturity. · SBG issued $1.5 billion of U.S. dollar-denominated senior notes and redeemed $0.67 billion prior to maturity. · SBG issued 1.75 billion euros of euro-denominated senior notes. Wholly owned financing subsidiaries C Borrowings Under the bridge facility agreement entered into in March 2026, $10.0 billion was borrowed to fund the follow-on investment in OpenAI, followed by repayments totaling $2.7 billion. As a result, borrowings increased ¥1,119,310 million. SB Northstar D Borrowings Borrowings decreased ¥117,044 million following the repayment of $0.8 billion under prime brokerage loans backed by securities. (Millions of yen) March 31, 2026 June 30, 2026 Change Common stock 238,772 238,772 - Capital surplus 3,510,713 3,545,613 34,900 Other equity instruments 193,199 193,199 - Retained earnings 7,323,791 7,639,680 315,889 A Treasury stock (24,761) (24,522) 239 Accumulated other comprehensive income 6,380,109 6,828,709 448,600 B Total equity attributable to owners of the parent 17,621,823 18,421,451 799,628 Non-controlling interests 2,846,609 2,931,401 84,792 Total equity 20,468,432 21,352,852 884,420 Components Main reasons for changes from the previous fiscal year-end A Retained earnings Net income attributable to owners of the parent of ¥347,330 million was recorded. B Accumulated other comprehensive income Exchange differences on translating foreign operations, arising from the translation of the financial statements of foreign subsidiaries and associates into yen, increased ¥421,324 million, mainly due to the yen’s depreciation against the U.S. dollar between the previous fiscal year-end and the first quarter-end. Reasons for changes from the previous fiscal year-end at core companies (c) Equity Reasons for changes by primary component SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 29
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During the first quarter, the Company invested ¥2,542.2 billion (net), primarily comprising a follow-on investment in OpenAI and the acquisition of assets related to power generation and data centers in the U.S. These investments were funded by ¥1,515.9 billion in net cash provided by financing activities and a portion of cash on hand. The Company also paid ¥189.8 billion in income taxes (net) and ¥339.0 billion in interest. As a result, cash and cash equivalents decreased ¥1,435.1 billion from the previous fiscal year- end. (Millions of yen) Three months ended June 30 2025 2026 Change Cash flows from operating activities (270,594) (439,860) (169,266) Cash flows from investing activities (641,564) (2,542,190) (1,900,626) Cash flows from financing activities 1,409,724 1,515,933 106,209 Effect of exchange rate changes on cash and cash equivalents (24,574) 31,039 55,613 Increase (decrease) in cash and cash equivalents 472,992 (1,435,078) (1,908,070) Cash and cash equivalents at the beginning of the period 3,713,028 5,362,150 1,649,122 Cash and cash equivalents at the end of the period 4,186,020 3,927,072 (258,948) Components Primary details Payments for acquisition of investments ¥(161,319) million · PayPay Bank Corporation invested ¥59,531 million in bonds and other asset management products. · SoftBank Corp. and LY Corporation invested ¥48,454 million. · Robo HD invested ¥20,305 million. Proceeds from sales/redemption of investments ¥265,047 million · SBG and its wholly owned subsidiaries sold investments totaling ¥199,126 million, primarily listed shares. · PayPay Bank Corporation sold bonds and other asset management products totaling ¥53,672 million. (3) Overview of Cash Flows (a) Cash Flows from Operating Activities Net cash used in operating activities was ¥439,860 million, primarily due to income tax payments of ¥189,784 million (net) and interest payments of ¥338,984 million. Of the net income tax payments, ¥149,670 million was paid by domestic operating companies, including SoftBank Corp. and LY Corporation. Of the interest payments, ¥281,650 million was paid by SBG and its wholly owned financing subsidiaries, an increase of ¥147,316 million year on year. The increase was primarily due to interest payments on $11.5 billion borrowed in December 2025 through the margin loan backed by Arm shares and on $20.0 billion drawn under bridge loans in April 2026, as well as a higher outstanding balance of corporate bonds. Higher funding rates also contributed to the increase in interest payments. (b) Cash Flows from Investing Activities Primary components SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 30
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Components Primary details Payments for acquisition of investments by SVF ¥(1,626,817) million SoftBank Vision Funds made investments totaling $10.1 billion, primarily comprising SVF2’s $10.0 billion follow-on investment in OpenAI. Proceeds from sales of investments by SVF ¥231,090 million SoftBank Vision Funds made divestments totaling $1.4 billion. Purchase of property, plant and equipment, and intangible assets ¥(1,208,669) million ¥968,929 million was spent to acquire assets related to power generation and data centers in the U.S. Of this amount, ¥637,772 million represented advance payments for those assets. Components Primary details Proceeds in short-term interest- bearing debt, net ¥259,903 million*1 (Proceeds and payments for interest- bearing debt (current liabilities) with quick turnover and short maturities) Short-term borrowings and commercial paper at SoftBank Corp. increased ¥184,900 million on a net basis. Proceeds from interest-bearing debt (total of A and B below) ¥5,559,691 million A Proceeds from borrowings ¥3,870,570 million*2 Under the $40.0 billion bridge facility agreement entered into in March 2026, primarily to fund the follow-on investments in OpenAI, SBG borrowed ¥1,594,450 million ($10.0 billion) and its wholly owned financing subsidiaries borrowed ¥1,605,100 million ($10.0 billion). B Proceeds from issuance of corporate bonds ¥1,689,121 million · SBG issued ¥678,000 million of domestic hybrid bonds and $1.5 billion and 1.75 billion euros of foreign currency-denominated senior notes. · SoftBank Corp. issued ¥50,000 million of domestic straight bonds and 1.2 billion euros of euro-denominated senior notes. Repayment of interest-bearing debt (total of A and B below) ¥(3,935,077) million A Repayment of borrowings ¥(3,354,622) million*2 · SBG fully repaid bridge loans borrowed in the previous fiscal year to fund the follow-on investment in OpenAI and the acquisition of Ampere. The repayments were ¥875,765 million ($5.5 billion) and ¥1,035,450 million ($6.5 billion), respectively. · SBG repaid ¥480,654 million borrowed under its commitment line, comprising $2.91 billion in U.S. dollar borrowings and ¥17,800 million in yen borrowings. · Of the borrowings under the $40.0 billion bridge facility agreement entered into in March 2026, primarily to fund the follow-on investments in OpenAI, SBG repaid ¥142,464 million ($0.9 billion) and its wholly owned financing subsidiaries repaid ¥427,912 million ($2.7 billion). (c) Cash Flows from Financing Activities Primary components SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 31
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Components Primary details B Redemption of corporate bonds ¥(580,455) million · SBG redeemed ¥405,000 million of domestic hybrid bonds, ¥30,000 million of domestic straight bonds, and $0.67 billion of U.S. dollar- denominated senior notes. · SoftBank Corp. redeemed ¥35,000 million of domestic straight bonds. Distribution/repayment from SVF to third-party investors ¥(144,395) million SVF1 made distributions and repayments to third-party investors. Cash dividends paid ¥(30,847) million SBG paid dividends. Cash dividends paid to non- controlling interests ¥(165,563) million SoftBank Corp., LY Corporation and other subsidiaries paid dividends to non-controlling interests. Notes: 1. Proceeds in short-term interest-bearing debt, net represents cash flows from financing activities that meet the requirements of “Reporting cash flows on a net basis” under IFRSs. 2. Proceeds from borrowings and repayment of borrowings include proceeds of ¥3,534,691 million and repayments of ¥3,132,225 million related to borrowings with a contracted term of one year or less. (4) Forecasts The Company does not provide forecasts of consolidated results of operations as they are difficult to project due to numerous uncertainties affecting earnings. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 32
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2. Notes to Summary Information Significant Changes in Scope of Consolidation for the Three-Month Period Ended June 30, 2026 (Specified subsidiary excluded from the scope of consolidation (1 company)) Effective June 1, 2026, Rose Corp., which had been a specified subsidiary, was excluded from the scope of consolidation following its merger with SoftBank Group Overseas GK, a subsidiary of the Company, with SoftBank Group Overseas GK as the surviving company. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 33
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and cash equivalents 5,362,150 3,927,072 Trade and other receivables 3,302,622 3,306,715 Derivative financial assets 44,221 81,239 Other financial assets 2,135,608 2,323,364 Inventories 240,179 260,860 Other current assets 730,821 792,938 Total current assets 11,815,601 10,692,188 Non-current assets Property, plant and equipment 3,446,559 4,217,004 Right-of-use assets 921,612 1,084,502 Goodwill 7,314,532 7,384,664 Intangible assets 2,469,843 2,481,264 Costs to obtain contracts 439,265 439,379 Investments accounted for using the equity method 739,274 670,099 Investments of SVF (FVTPL) 23,495,706 25,635,032 Investment securities 4,264,641 5,644,622 Derivative financial assets 327,547 401,994 Other financial assets 3,701,668 3,892,599 Deferred tax assets 273,591 388,004 Other non-current assets 1,539,708 2,203,802 Total non-current assets 48,933,946 54,442,965 Total assets 60,749,547 65,135,153 3. Condensed Interim Consolidated Financial Statements and Primary Notes (1) Condensed Interim Consolidated Statement of Financial Position SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 34
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities and equity Current liabilities Interest-bearing debt 7,251,630 7,559,173 Lease liabilities 184,666 212,501 Deposits for banking business 2,550,998 2,642,036 Trade and other payables 3,616,646 3,880,117 Derivative financial liabilities 137,858 197,056 Other financial liabilities 39,944 44,359 Income taxes payable 182,506 175,961 Provisions 79,296 87,217 Other current liabilities 790,004 871,682 Total current liabilities 14,833,548 15,670,102 Non-current liabilities Interest-bearing debt 17,433,486 19,085,685 Lease liabilities 793,784 933,369 Third-party interests in SVF 3,746,396 3,837,836 Derivative financial liabilities 549,000 913,591 Other financial liabilities 450,847 547,577 Provisions 216,527 220,664 Deferred tax liabilities 1,443,678 1,600,134 Other non-current liabilities 813,849 973,343 Total non-current liabilities 25,447,567 28,112,199 Total liabilities 40,281,115 43,782,301 Equity Equity attributable to owners of the parent Common stock 238,772 238,772 Capital surplus 3,510,713 3,545,613 Other equity instruments 193,199 193,199 Retained earnings 7,323,791 7,639,680 Treasury stock (24,761) (24,522) Accumulated other comprehensive income 6,380,109 6,828,709 Total equity attributable to owners of the parent 17,621,823 18,421,451 Non-controlling interests 2,846,609 2,931,401 Total equity 20,468,432 21,352,852 Total liabilities and equity 60,749,547 65,135,153 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 35
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Net sales 1,820,341 2,019,591 Cost of sales (865,688) (965,957) Gross profit 954,653 1,053,634 Gain on investments Gain (loss) on investments at Investment Business of Holding Companies (256,548) 1,382,212 Gain on investments at SoftBank Vision Funds 660,175 460,061 Gain on other investments 83,318 17,109 Total gain on investments 486,945 1,859,382 Selling, general and administrative expenses (758,197) (1,286,924) Finance cost (165,309) (328,745) Foreign exchange gain (loss) 143,270 (146,065) Derivative gain (loss) (excluding gain (loss) on investments) 228,815 (391,585) Change in third-party interests in SVF (234,079) (176,641) Other gain 33,843 6,094 Income before income tax 689,941 589,150 Income taxes (125,797) (70,163) Net income 564,144 518,987 Net income attributable to Owners of the parent 421,819 347,330 Non-controlling interests 142,325 171,657 Net income 564,144 518,987 Earnings per share* Basic earnings per share (Yen) 72.93 60.08 Diluted earnings per share (Yen) 72.82 59.85 (2) Condensed Interim Consolidated Statement of Profit or Loss and Condensed Interim Consolidated Statement of Comprehensive Income Condensed Interim Consolidated Statement of Profit or Loss Note: * Effective January 1, 2026, a four-for-one ordinary share split was conducted. “Basic earnings per share” and “Diluted earnings per share” are calculated assuming that the share split had been conducted at the beginning of the three-month period ended June 30, 2025. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 36
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Net income 564,144 518,987 Other comprehensive income, net of tax Items that will not be reclassified to profit or loss Remeasurements of defined benefit plan (1,647) (71) Equity financial assets at FVTOCI 5,190 20,831 Share of other comprehensive income of associates (16) (68) Total items that will not be reclassified to profit or loss 3,527 20,692 Items that may be reclassified subsequently to profit or loss Debt financial assets at FVTOCI 671 (279) Cash flow hedges 4,743 12,401 Exchange differences on translating foreign operations (669,340) 434,227 Share of other comprehensive income of associates (464) 2,428 Total items that may be reclassified subsequently to profit or loss (664,390) 448,777 Total other comprehensive income, net of tax (660,863) 469,469 Total comprehensive income (96,719) 988,456 Total comprehensive income attributable to Owners of the parent (258,442) 795,851 Non-controlling interests 161,723 192,605 Total comprehensive income (96,719) 988,456 Condensed Interim Consolidated Statement of Comprehensive Income SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 37
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(Millions of yen) Equity attributable to owners of the parent Common stock Capital surplus Other equity instruments Retained earnings Treasury stock Accumulated other comprehensive income Total As of April 1, 2025 238,772 3,376,724 193,199 2,701,792 (256,251) 5,307,305 11,561,541 Comprehensive income Net income - - - 421,819 - - 421,819 Other comprehensive income - - - - - (680,261) (680,261) Total comprehensive income - - - 421,819 - (680,261) (258,442) Transactions with owners and other transactions Cash dividends - - - (31,627) - - (31,627) Transfer of accumulated other comprehensive income to retained earnings - - - (273) - 273 - Purchase and disposal of treasury stock - - - (260) (92,371) - (92,631) Changes from business combination - - - - - - - Changes in interests in subsidiaries - 22,481 - - - - 22,481 Share-based payment transactions - (323) - - - - (323) Other - 8 - - - - 8 Total transactions with owners and other transactions - 22,166 - (32,160) (92,371) 273 (102,092) As of June 30, 2025 238,772 3,398,890 193,199 3,091,451 (348,622) 4,627,317 11,201,007 (3) Condensed Interim Consolidated Statement of Changes in Equity For the three-month period ended June 30, 2025 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 38
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(Millions of yen) Non- controlling interests Total equity As of April 1, 2025 2,391,485 13,953,026 Comprehensive income Net income 142,325 564,144 Other comprehensive income 19,398 (660,863) Total comprehensive income 161,723 (96,719) Transactions with owners and other transactions Cash dividends (170,797) (202,424) Transfer of accumulated other comprehensive income to retained earnings - - Purchase and disposal of treasury stock - (92,631) Changes from business combination 42,120 42,120 Changes in interests in subsidiaries (11,913) 10,568 Share-based payment transactions (10,408) (10,731) Other 582 590 Total transactions with owners and other transactions (150,416) (252,508) As of June 30, 2025 2,402,792 13,603,799 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 39
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(Millions of yen) Equity attributable to owners of the parent Common stock Capital surplus Other equity instruments Retained earnings Treasury stock Accumulated other comprehensive income Total As of April 1, 2026 238,772 3,510,713 193,199 7,323,791 (24,761) 6,380,109 17,621,823 Comprehensive income Net income - - - 347,330 - - 347,330 Other comprehensive income - - - - - 448,521 448,521 Total comprehensive income - - - 347,330 - 448,521 795,851 Transactions with owners and other transactions Cash dividends - - - (31,344) - - (31,344) Transfer of accumulated other comprehensive income to retained earnings - - - (79) - 79 - Purchase and disposal of treasury stock - - - (18) 239 - 221 Changes from loss of control - - - - - - - Changes in interests in subsidiaries - 34,841 - - - - 34,841 Share-based payment transactions - 59 - - - - 59 Other - - - - - - - Total transactions with owners and other transactions - 34,900 - (31,441) 239 79 3,777 As of June 30, 2026 238,772 3,545,613 193,199 7,639,680 (24,522) 6,828,709 18,421,451 For the three-month period ended June 30, 2026 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 40
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(Millions of yen) Non- controlling interests Total equity As of April 1, 2026 2,846,609 20,468,432 Comprehensive income Net income 171,657 518,987 Other comprehensive income 20,948 469,469 Total comprehensive income 192,605 988,456 Transactions with owners and other transactions Cash dividends (173,519) (204,863) Transfer of accumulated other comprehensive income to retained earnings - - Purchase and disposal of treasury stock - 221 Changes from loss of control (2,406) (2,406) Changes in interests in subsidiaries 18,507 53,348 Share-based payment transactions 50,070 50,129 Other (465) (465) Total transactions with owners and other transactions (107,813) (104,036) As of June 30, 2026 2,931,401 21,352,852 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 41
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Cash flows from operating activities Net income 564,144 518,987 Depreciation and amortization 216,102 244,460 Loss (gain) on investments at Investment Business of Holding Companies 393,233 (1,327,546) Gain on investments at SoftBank Vision Funds (660,175) (460,061) Finance cost 165,309 328,745 Foreign exchange (gain) loss (143,270) 146,065 Derivative (gain) loss (excluding (gain) loss on investments) (228,815) 391,585 Change in third-party interests in SVF 234,079 176,641 Gain on other investments and other gain (117,161) (23,203) Income taxes 125,797 70,163 Increase in investments of asset management subsidiaries (163,669) (157,545) Decrease in securities pledged as collateral in asset management subsidiaries 44,890 226,310 Increase in trade and other receivables (54,361) (78,317) Increase in inventories (22,684) (20,835) Decrease in trade and other payables (132,532) (82,883) Other 84,319 99,694 Subtotal 305,206 52,260 Interest and dividends received 39,831 36,648 Interest paid (173,154) (338,984) Income taxes paid (445,779) (190,291) Income taxes refunded 3,302 507 Net cash used in operating activities (270,594) (439,860) Cash flows from investing activities Payments for acquisition of investments (287,278) (161,319) Proceeds from sales/redemption of investments 829,991 265,047 Payments for acquisition of investments by SVF (1,245,644) (1,626,817) Proceeds from sales of investments by SVF 366,136 231,090 Purchase of property, plant and equipment, and intangible assets (217,219) (1,208,669) Other (87,550) (41,522) Net cash used in investing activities (641,564) (2,542,190) Cash flows from financing activities Proceeds in short-term interest-bearing debt, net 370,347 259,903 Proceeds from interest-bearing debt 2,505,714 5,559,691 Repayment of interest-bearing debt (988,108) (3,935,077) Repayment of lease liabilities (51,403) (55,634) Distribution/repayment from SVF to third-party investors (122,731) (144,395) Purchase of treasury stock (93,216) (2) Cash dividends paid (31,045) (30,847) Cash dividends paid to non-controlling interests (162,873) (165,563) Other (16,961) 27,857 Net cash provided by financing activities 1,409,724 1,515,933 Effect of exchange rate changes on cash and cash equivalents (24,574) 31,039 Increase (decrease) in cash and cash equivalents 472,992 (1,435,078) Cash and cash equivalents at the beginning of the period 3,713,028 5,362,150 Cash and cash equivalents at the end of the period 4,186,020 3,927,072 (4) Condensed Interim Consolidated Statement of Cash Flows SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 42
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(5) Basis of Presentation of Condensed Interim Consolidated Financial Statements 1. Framework of financial reporting The accompanying condensed interim consolidated financial statements have been prepared in accordance with Article 5-2 of the Tokyo Stock Exchange’s standards for the preparation of quarterly financial statements. Some disclosures required under IAS 34 “Interim Financial Reporting” in IFRS Accounting Standards (“IFRS”) have been omitted under Article 5-5 of the Tokyo Stock Exchange’s standards for the preparation of quarterly financial statements. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 43
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Company names / Abbreviations Definition SoftBank Group Corp. SoftBank Group Corp. (stand-alone basis) The Company SoftBank Group Corp. and its subsidiaries Each of the following names or abbreviations indicates the respective company and its subsidiaries, if any. SB Northstar or the asset management subsidiary SB Northstar LP SVF1 SoftBank Vision Fund L.P. and its alternative investment vehicles SVF2 SoftBank Vision Fund II-2 L.P. SVF2 LLC SVF II Investment Holdings LLC LatAm SBLA Latin America Fund LLC SLA LLC SLA Holdco II LLC SVF SVF1, SVF2, and LatAm SBIA SB Investment Advisers (UK) Limited SBGA SB Global Advisers Limited Arm Arm Holdings plc Ampere Ampere Computing Holdings LLC Energy Global Energy Global, LP Robo HD Silver Bands 4 (US) Corp. OpenAI OpenAI Group PBC* MgmtCo MASA USA LLC 2. Definitions of company names and abbreviations used in the condensed interim consolidated financial statements and primary notes Company names and abbreviations used in the condensed interim consolidated financial statements and primary notes, unless otherwise stated or interpreted differently in the context, are as follows: Note: * On October 28, 2025, the recapitalization of OpenAI Global, LLC (“OpenAI Global”) was completed. As a result, investors, including SVF2, became shareholders of OpenAI Group PBC, a newly established Delaware public benefit corporation. For descriptions relating to events occurring prior to that date, “OpenAI” is used as a collective reference to OpenAI, Inc. and its associates, including OpenAI Global and its employee shareholding vehicle. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 44
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(6) Significant Doubt about Going Concern Assumption There are no applicable items. (7) Notes to Condensed Interim Consolidated Financial Statements 1. Material accounting policies Material accounting policies applied to the condensed interim consolidated financial statements are consistent with the accounting policies applied to the consolidated financial statements for the fiscal year ended March 31, 2026. In addition, income taxes for the three-month period ended June 30, 2026, are calculated based on the estimated effective tax rate for the fiscal year. 2. Segment information (1) Description of reportable segments The Company’s reportable segments are components of business activities for which discrete financial information is available, and such information is regularly reviewed by the Company’s Board of Directors in order to make decisions about the allocation of resources and assess its performance. The Company has four reportable segments, the Investment Business of Holding Companies segment, the SoftBank Vision Funds segment, the SoftBank segment, and the AI Computing segment. In addition, for the three-month period ended December 31, 2025, Arm, which had previously been included in the Arm segment, Graphcore Limited and others previously included in “Other,” and Ampere were combined, and the AI Computing segment was newly established as a reportable segment. Accordingly, the segment information for the three-month period ended June 30, 2025 has been reclassified and presented based on the revised reportable segments. The Investment Business of Holding Companies segment conducts, mainly through SoftBank Group Corp. as a strategic investment holding company, investment activities in a wide range of sectors in Japan and overseas directly or through subsidiaries of the Company. The Investment Business of Holding Companies segment consists of SoftBank Group Corp., SoftBank Group Capital Limited, SoftBank Group Japan Corporation, SoftBank Group Overseas GK, SB Northstar that is an asset management subsidiary, and certain subsidiaries of the Company that conduct investment or funding. Gain and loss on investments in the segment consist of gain and loss on investments held directly by SoftBank Group Corp. or through subsidiaries of the Company. However, gain and loss on investments relating to investments in subsidiaries, including dividend income from subsidiaries and impairment loss on investments in subsidiaries, are excluded. The SoftBank Vision Funds segment conducts, mainly through SVF1, SVF2, and LatAm, investment activities in a wide range of technology sectors. Primarily, gain and loss on investments in the segment consist of gain and loss on investments held by SVF1, SVF2, and LatAm including the investments in the Company’s subsidiaries. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 45
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The SoftBank segment provides, mainly through SoftBank Corp., mobile services, sale of mobile devices, broadband services, solution services, and cloud and AI services in Japan, through LY Corporation, media, advertising and commerce related services, and through PayPay Corporation, payment and financial services. The AI Computing segment provides, mainly through Arm, Ampere, and Graphcore Limited, design of semiconductor IP, chips, and related technology, development and sale of semiconductor chips, as well as sale of software tools and provision of related services. Information on business segments, which is not included in the reportable segments, is classified as “Other.” “Other” includes mainly Energy Global, Robo HD, the Fukuoka SoftBank HAWKS-related operations, and others. “Reconciliations” includes an elimination of intersegment transactions, as well as an elimination of gain and loss on the investment in shares in Arm, Robo HD, and PayPay Corporation, subsidiaries of the Company, and others, which are included in segment income of the SoftBank Vision Funds segment. (2) Net sales and income of reportable segments Income of reportable segments is defined as “Income before income tax.” As presented in the condensed interim consolidated statement of profit or loss, gain and loss on investments included in segment income include gain and loss on investments in financial assets at FVTPL, interest and dividends from investments, derivative gain and loss relating to investments, and gain and loss on the sale of investments accounted for using the equity method. Intersegment transaction prices are determined under the same general business conditions as applied for external customers. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 46
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(Millions of yen) Reportable segments Investment Business of Holding Companies SoftBank Vision Funds SoftBank AI Computing Net sales Customers - - 1,656,877 134,623 Intersegment - - 867 - Total - - 1,657,744 134,623 Segment income (20,938) 451,394 278,540 (32,411) Depreciation and amortization (726) (529) (183,135) (24,414) Gain (loss) on investments (256,548) 726,837 5,388 244 Finance cost (146,581) (40,183) (21,218) (947) Foreign exchange gain 131,780 817 351 1,145 Derivative gain (loss) (excluding gain (loss) on investments) 228,468 - (443) - Total Other Reconciliations Consolidated Net sales Customers 1,791,500 28,841 - 1,820,341 Intersegment 867 4,343 (5,210) - Total 1,792,367 33,184 (5,210) 1,820,341 Segment income 676,585 72,431 (59,075) 689,941 Depreciation and amortization (208,804) (7,298) - (216,102) Gain (loss) on investments 475,921 77,686 (66,662) 486,945 Finance cost (208,929) (5,990) 49,610 (165,309) Foreign exchange gain 134,093 9,177 - 143,270 Derivative gain (loss) (excluding gain (loss) on investments) 228,025 790 - 228,815 For the three-month period ended June 30, 2025 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 47
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(Millions of yen) Reportable segments Investment Business of Holding Companies SoftBank Vision Funds* SoftBank AI Computing Net sales Customers - - 1,810,666 175,253 Intersegment - - 3,230 - Total - - 1,813,896 175,253 Segment income 1,051,617 5,427 292,538 (200,841) Depreciation and amortization (755) (552) (197,895) (36,774) Gain on investments 1,382,212 255,783 9,641 1,124 Finance cost (281,853) (64,253) (28,638) (2,228) Foreign exchange gain (loss) (147,948) 1,234 831 (61) Derivative gain (loss) (excluding gain (loss) on investments) 53,733 - 1,303 - Total Other Reconciliations Consolidated Net sales Customers 1,985,919 33,672 - 2,019,591 Intersegment 3,230 5,798 (9,028) - Total 1,989,149 39,470 (9,028) 2,019,591 Segment income 1,148,741 (765,194) 205,603 589,150 Depreciation and amortization (235,976) (8,484) - (244,460) Gain on investments 1,648,760 6,344 204,278 1,859,382 Finance cost (376,972) (9,734) 57,961 (328,745) Foreign exchange gain (loss) (145,944) (121) - (146,065) Derivative gain (loss) (excluding gain (loss) on investments) 55,036 (446,621) - (391,585) For the three-month period ended June 30, 2026 Note: * The details of the difference between “Gain (loss) on investments” in the SoftBank Vision Funds segment and “Gain on investments - SoftBank Vision Funds” in the condensed interim consolidated statement of profit or loss are described in “(1) Income and loss arising from the SoftBank Vision Funds business” under “Note 3. SoftBank Vision Funds business.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 48
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Gain on investments SVF1* 517,379 384,272 SVF2* 114,453 (80,098) LatAm 70,383 (45,892) Others 24,622 (2,499) Total gain on investments 726,837 255,783 Selling, general and administrative expenses (13,521) (16,197) Finance cost (interest expenses) (40,183) (64,253) Change in third-party interests in SVF (234,079) (176,641) Other gain 12,340 6,735 Segment income arising from the SoftBank Vision Funds business (income before income tax) 451,394 5,427 3. SoftBank Vision Funds business (1) Income and loss arising from the SoftBank Vision Funds business a. Overview Segment income arising from the SoftBank Vision Funds business (income before income tax) represents the net profits of the SoftBank Vision Funds business, after deducting the net profits attributable to Third-Party Investors. The net profits attributable to Third-Party Investors are the amount allocated to Third-Party Investors based on proportion of their respective equity contributions, calculated by deducting management fees, performance-linked management fees, and performance fees payable to the fund managers, as well as operating expense and other expenses of SVF from the gains or losses on investments at SVF1, SVF2, and LatAm. The amount of the net profits attributable to Third-Party Investors that is deducted from the segment income is presented as “Change in third-party interests in SVF.” b. Segment income arising from the SoftBank Vision Funds business The components of segment income arising from the SoftBank Vision Funds business are as follows: Note: * For the three-month period ended June 30, 2026, ¥204,278 million of loss on investments related to the Company’s subsidiaries and others held by SVF1 and SVF2 (mainly PayPay Corporation and Robo HD) is included in gain on investments in the above-mentioned segment income. However, the gain and loss on investments are eliminated in consolidation. The gain and loss on investments, that are eliminated in consolidation, are not included in “Gain on investments - SoftBank Vision Funds” in the condensed interim consolidated statement of profit or loss. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 49
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(2) Third-party interests in SVF a. Terms and conditions of contribution from/ distribution to SVF Investors Contributions by SVF Investors are classified as “Equity” and “Preferred Equity” depending on the terms and conditions of distribution. Preferred Equity is prioritized over Equity with regard to distribution and return of contribution. Performance-based distributions attributed to SVF Investors, consisting of the Company and Third-Party Investors, are calculated using the net proceeds from the investment performance, as applicable, of SVF1, SVF2, and LatAm. The net proceeds from SVF1 and LatAm are also allocated to the performance fees attributed to SBIA and SBGA, respectively, using the method specified in the limited partnership agreement. The amount of performance-based distribution attributed to SVF Investors is allocated to each of the SVF Investors based on the proportion of their respective Equity contribution. The amount of performance-based distributions is paid to each of the SVF Investors after each of SVF1, SVF2, and LatAm, as applicable, receive cash through dividend, or disposition or monetization of investments. In SVF1, fixed distributions are defined as distributions of Preferred Equity holders which are calculated equal to a 7% rate per annum based on their contributions. The fixed distributions are made every last business day of the months of June and December. The details of the terms and conditions of the Equity contributed by Third-Party Investor in SVF2 and LatAm are described in “(Co-investment program with restricted rights to receive distributions)” under “Note 14. Related party transactions.” There are no Third-Party Investors who contributed to Preferred Equity in SVF2 and LatAm. Hereafter, Third-Party Investors contributing Equity are defined as “Investors entitled to performance-based distribution” and Third-Party Investors contributing Preferred Equity are defined as “Investors entitled to fixed distribution.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 50
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(Millions of yen) (For reference purposes only) Links with the condensed interim consolidated financial statements Third-party interests in SVF1 (Total of current liabilities and non-current liabilities) Consolidated statement of profit or loss (Negative figures represent expenses) Consolidated statement of cash flows (Negative figures represent payments) (Breakdown) As of April 1, 2026 3,246,005 Changes in third-party interests 173,339 (173,339) - Attributable to investors entitled to fixed distribution 8,263 Attributable to investors entitled to performance-based distribution 165,076 Distribution/repayment to Third-Party Investors (144,395) - (144,395) Exchange differences on translating third-party interests 51,300 - - As of June 30, 2026 3,326,249 b. Changes in interests attributable to Third-Party Investors (a) Third-party interests in SVF1 Changes in interests attributable to Third-Party Investors in SVF1 (included in “Third-party interests in SVF” in the condensed interim consolidated statement of financial position) are as follows: SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 51
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(Millions of yen) (For reference purposes only) Links with the condensed interim consolidated financial statements Third-party interests in SVF2 (Total of current liabilities and non-current liabilities) Consolidated statement of profit or loss (Negative figures represent expenses) Consolidated statement of cash flows (Negative figures represent payments) As of April 1, 2026 500,391 Changes in third-party interests 3,302 (3,302) - Exchange differences on translating third-party interests 7,894 - - As of June 30, 2026 511,587 (Millions of yen) Receivables from Third-Party Investor in SVF2 As of April 1, 2026 500,391 Increase in receivables from accrued premiums charged to Third- Party Investor 3,302 Exchange differences on receivables 7,894 As of June 30, 2026 511,587 (b) Third-party interests in SVF2 and receivables Changes in interests attributable to Third-Party Investor in SVF2 (included in “Third-party interests in SVF” in the condensed interim consolidated statement of financial position) are as follows: Third-Party Investor in SVF2 is the investor entitled to performance-based distribution. The Company has receivables from Third-Party Investor in SVF2. The changes in the receivables from Third- Party Investor in SVF2 (included in “Other financial assets (non-current)” in the condensed interim consolidated statement of financial position) are as follows: The details of the receivables from Third-Party Investor in SVF2 are described in “(1) Transactions between SVF2 and related parties” in “(Co-investment program with restricted rights to receive distributions)” under “Note 14. Related party transactions.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 52
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(Millions of yen) Receivables from Third-Party Investor in LatAm As of April 1, 2026 117,362 Increase in receivables from accrued premiums charged to Third- Party Investor 776 Exchange differences on receivables 1,852 As of June 30, 2026 119,990 (c) Third-party interests in LatAm and receivables There were no changes in the balances of interests attributable to Third-Party Investors in LatAm included in “Third-Party Interests in SVF” in the condensed interim consolidated statements of financial position as of March 31, 2026 and June 30, 2026, and in interests attributable to Third-Party Investors in LatAm for the three-month period ended June 30, 2026. Third-Party Investor in LatAm is the investor entitled to performance-based distribution. The Company has receivables from Third-Party Investor in LatAm. The changes in the receivables from Third-Party Investor in LatAm (included in “Other financial assets (non-current)” in the condensed interim consolidated statement of financial position) are as follows: The details of the receivables from Third-Party Investor in LatAm are described in “(2) Transactions between LatAm and related parties” in “(Co-investment program with restricted rights to receive distributions)” under “Note 14. Related party transactions.” c. Uncalled committed capital from Third-Party Investors Uncalled committed capital from SVF1’s Third-Party Investors as of June 30, 2026 was $8.2 billion. (3) Management fees and performance fees Terms and conditions of management fees, performance-linked management fees, and performance fees, included in segment income from the SoftBank Vision Funds business, are as follows. a. Management fees and performance fees in SVF1 Management fees to SBIA from SVF1 are, in accordance with the limited partnership agreement, calculated by multiplying 1% per annum by Equity contributions used to fund investments and paid to SBIA by SVF1 quarterly. A clawback provision is attached to the management fees received, which is triggered under certain conditions based on future investment performance. Same as the performance-based distributions, the amount of the performance fees to SBIA from SVF1 is calculated using the allocation method as specified in the limited partnership agreement. SBIA is entitled to receive the performance fees when SVF1 receives cash through disposition, dividend, and monetization of an investment. The performance fees received are subject to clawback provisions which are triggered under certain conditions based on future investment performance. From the inception of SVF1, the cumulative amount of performance fees paid to SBIA was $454 million. For the three-month period ended June 30, 2023, the performance fee (net of tax) was distributed to the limited partners in accordance with the clawback provisions. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 53
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b. Management fees and performance-linked management fees in SVF2 Management fees to SBGA from SVF2 are, in accordance with the constitutional agreements, calculated by multiplying 0.7% per annum by the acquisition cost of investments and paid to SBGA by SVF2 quarterly. The amount of the performance-linked management fees to SBGA from SVF2 is determined, based on the investment performance for certain periods specified in the constitutional agreement, according to the agreed principle. SBGA is entitled to receive the performance-linked management fees after certain periods for the investment performance measurement specified in the constitutional agreement, provided that there are available cash proceeds through disposition, dividend, and monetization of an investment in SVF2. c. Management fees, performance-linked management fees, and performance fees in LatAm Management fees to SBGA from LatAm are, in accordance with the constitutional agreements, calculated based on the acquisition cost of investments and paid to SBGA by LatAm quarterly. The amount of the performance-linked management fees to SBGA from LatAm is determined, based on the investment performance for certain periods specified in the constitutional agreement, according to the agreed principle. SBGA is entitled to receive the performance-linked management fees after certain periods for the investment performance measurement specified in the constitutional agreement, provided that there are available cash proceeds through disposition, dividend, and monetization of investments in LatAm. Same as the performance-based distributions, the amount of the performance fees to SBGA from LatAm is calculated using the allocation method as specified in the constitutional agreements. SBGA is entitled to receive the performance fees when LatAm receives cash through disposition, dividend, and monetization of an investment. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 54
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Current Short-term borrowings*1,2,3 4,770,687 5,292,457 Commercial paper 258,700 355,800 Current portion of long-term borrowings 877,472 1,015,579 Current portion of corporate bonds 1,344,746 895,317 Current portion of installment payables 25 20 Total 7,251,630 7,559,173 Non-current Long-term borrowings 8,714,290 8,770,440 Corporate bonds 8,459,966 10,049,592 Financial liabilities relating to sale of shares by prepaid forward contracts 259,214 265,642 Installment payables 16 11 Total 17,433,486 19,085,685 4. Interest-bearing debt (1) Components of interest-bearing debt The components of interest-bearing debt are as follows: Notes: 1. On March 27, 2026, SoftBank Group Corp. and a wholly-owned financing subsidiary entered into a bridge facility agreement with a total commitment of $40.0 billion with financial institutions. The total commitment of $40.0 billion consists of $10.0 billion for the purpose of raising funds for general corporate purposes of SoftBank Group Corp. and $30.0 billion for the purpose of making an investment in OpenAI Group PBC by the wholly-owned financing subsidiary. Pursuant to the agreement, in April 2026, SoftBank Group Corp. and the wholly-owned financing subsidiary each borrowed $10.0 billion. Subsequently, as a result of partial repayments, as of June 30, 2026, ¥1,452,593 million ($8.9 billion) and ¥1,119,310 million ($6.9 billion) are recorded as short-term borrowings, respectively. Furthermore, in July 2026, the wholly-owned financing subsidiary borrowed $10.0 billion. 2. The amount decreased by ¥878,956 million due to the full repayment of borrowings made by SoftBank Group Corp. in April 2025 to finance the investment in OpenAI Global by SVF2. 3. The amount decreased by ¥1,038,740 million due to the full repayment of borrowings by SoftBank Group Corp. for the acquisition of Ampere. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 55
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Net increase in short-term borrowings 255,847 197,803 Net increase in commercial paper 114,500 62,100 Total 370,347 259,903 (Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Proceeds from borrowings 1,804,114 3,870,570 Proceeds from issuance of corporate bonds 701,600 1,689,121 Total 2,505,714 5,559,691 (Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Repayment of borrowings (343,676) (3,354,622) Redemption of corporate bonds (644,432) (580,455) Total (988,108) (3,935,077) (2) Components of proceeds in and repayment of short-term interest-bearing debt, net The components of “Proceeds in short-term interest-bearing debt, net” in the condensed interim consolidated statement of cash flows are as follows: (3) Components of proceeds from interest-bearing debt The components of “Proceeds from interest-bearing debt” in the condensed interim consolidated statement of cash flows are as follows: (4) Components of repayment of interest-bearing debt The components of “Repayment of interest-bearing debt” in the condensed interim consolidated statement of cash flows are as follows: SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 56
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Carrying amount (fair value) Carrying amount (fair value) Assets Liabilities Assets Liabilities Warrants granted by Energy Global, LP* - 582,962 - 1,050,843 5. Financial instruments The details of derivative contracts are mainly as follows: Note: * Warrants granted by Energy Global, LP, which are convertible into its ordinary equity interests. As the number of ordinary equity interests to be issued upon exercise varies depending on the fair value of the entity at the time of exercise, the warrants are not classified as equity but are recognized as derivative financial liabilities. For the three-month period ended June 30, 2026, the warrants increased due to an increase in the fair value of the entity. (Yen) As of March 31, 2026 As of June 30, 2026 USD 159.88 162.39 (Yen) Three-month period ended June 30, 2025 USD 145.19 (Yen) Three-month period ended June 30, 2026 USD 160.51 6. Foreign currency exchange rates Exchange rates of the major currencies used in translating financial statements of foreign operations are as follows: (1) Rate at the end of the period (2) Average rate for the quarter For the three-month period ended June 30, 2025 For the three-month period ended June 30, 2026 SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 57
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(Thousands of shares) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Balance at the beginning of the period 32,399 12,924 Increase during the period 13,221 1 Decrease during the period (110) (126) Balance at the end of the period 45,510 12,799 (Millions of yen) As of March 31, 2026 As of June 30, 2026 Equity financial assets at FVTOCI 18,518 36,889 Debt financial assets at FVTOCI (1,249) (1,417) Cash flow hedges 2,624 11,697 Exchange differences on translating foreign operations 6,360,216 6,781,540 Total 6,380,109 6,828,709 7. Equity (1) Other equity instruments On July 19, 2017, SoftBank Group Corp. issued $1.75 billion of USD-denominated Undated Subordinated Non- Call 10 years Resettable Notes (the “Hybrid Notes”). The Hybrid Notes are classified as equity instruments in accordance with IFRS because SoftBank Group Corp. has the option to defer interest payments, the notes have no maturity date, and SoftBank Group Corp. has an unconditional right to avoid delivering cash or another financial asset except for distribution of residual assets on liquidation. (2) Treasury stock Changes in treasury stock are as follows: In addition, effective January 1, 2026, a four-for-one ordinary share split was conducted. For the three-month period ended June 30, 2025, the impact of the share split is not reflected. (3) Accumulated other comprehensive income The components of accumulated other comprehensive income are as follows: SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 58
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Gain on investments (256,548) 1,382,212 8. Gain on investments (1) Investment Business of Holding Companies The components of gain and loss on investments are mainly as follows: a. Investments of asset management subsidiaries For the three-month period ended June 30, 2026, ¥56,370 million of gain on investments was recognized. b. Intel Corporation For the three-month period ended June 30, 2026, ¥1,332,931 million of gain on investments was recognized due to an increase in the share price. (2) SoftBank Vision Funds The details are described in “(1) Income and loss arising from the SoftBank Vision Funds business” under “Note 3. SoftBank Vision Funds business.” (Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Interest expenses (165,309) (328,745) 9. Finance cost The components of finance cost are as follows: 10. Derivative gain (loss) (excluding gain (loss) on investments) For the three-month period ended June 30, 2026, derivative loss of ¥453,418 million was recorded due to an increase in the fair value of warrants granted by Energy Global, LP. The details of the warrants were described in “Note 5. Financial instruments.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 59
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(Millions of yen) Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Interest income 16,712 22,827 Income (loss) on equity method investments (2,145) 11,475 Gain (loss) from financial instruments at FVTPL (excluding gain (loss) on investments)* 6,127 (32,320) Gain on the remeasurement relating to business combination 14,502 - Other (1,353) 4,112 Total 33,843 6,094 11. Other gain The components of other gain and loss are as follows: Note: * For the three-month period ended June 30, 2026, ¥32,782 million of loss from changes in the fair value of debt instruments issued by Energy Global was recorded. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 60
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Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Net income attributable to ordinary shareholders of the parent (Millions of yen) Net income attributable to owners of the parent 421,819 347,330 Net income not-attributable to ordinary shareholders of the parent* (4,243) (4,945) Net income used in the calculation of basic earnings per share 417,576 342,385 Weighted-average number of ordinary shares (Thousands of shares) 5,725,839 5,698,946 Basic earnings per share (Yen) 72.93 60.08 Three-month period ended June 30, 2025 Three-month period ended June 30, 2026 Diluted net income attributable to ordinary shareholders of the parent (Millions of yen) Net income used in the calculation of basic earnings per share 417,576 342,385 Effect of dilutive securities issued by subsidiaries and associates (412) (1,199) Total 417,164 341,186 Weighted-average number of ordinary shares used in the calculation of diluted earnings per share (Thousands of shares) Weighted-average number of ordinary shares 5,725,839 5,698,946 Adjustments: Stock acquisition rights 2,779 1,898 Total 5,728,618 5,700,844 Diluted earnings per share (Yen) 72.82 59.85 12．Earnings per share Basic earnings per share and diluted earnings per share are as follows. In addition, effective January 1, 2026, a four-for-one ordinary share split was conducted. Basic earnings per share and diluted earnings per share are calculated assuming that the share split had been conducted at the beginning of the three-month period ended June 30, 2025. (1) Basic earnings per share Note: * Net income not-attributable to ordinary shareholders of the parent represents net income attributable to owners of other equity instruments issued by SoftBank Group Corp. (2) Diluted earnings per share SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 61
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13. Supplemental information to the condensed interim consolidated statement of cash flows (1) Scope of purchase of property, plant and equipment and intangible assets “Purchase of property, plant and equipment, and intangible assets” includes cash outflows from long-term prepaid expenses and prepayments for the purchase of property, plant and equipment, and intangible assets that are included in “Other non-current assets” in the condensed interim consolidated statement of financial position. (2) Payments for acquisition of investments by SVF For the three-month period ended June 30, 2026 “Payments for acquisition of investments by SVF” includes ¥1,605,100 million ($10.0 billion) of the investment amount in OpenAI Group PBC from SVF2. The details are described in “(Investment in OpenAI)” under “Note 15. Additional information.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 62
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14. Related party transactions (Co-investment program with restricted rights to receive distributions) MgmtCo, which is the investor in SVF2 LLC (a subsidiary of the Company under SVF2) and the investor in SLA LLC (a subsidiary of the Company under LatAm), is a company controlled by Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO of SoftBank Group Corp., and a related party of the Company. The co-investment program with restricted rights to receive distributions to SVF2 and LatAm has been introduced from the three-month period ended September 30, 2021 for the purpose of enabling Masayoshi Son to make a co-investment in SVF2 and LatAm with the Company, sharing risk of losses as well as benefit of profits in the success of SVF2 and LatAm, and leading to enhanced focus on the management of investments held by them, which in turn is intended to contribute to increases in the Company’s earnings. In making a co-investment in SVF2 and LatAm under the terms of the program, MgmtCo both receives the benefit of profits and assumes the risk of losses from SVF2 and LatAm, and MgmtCo’s right to receive distributions from its investment is subject to certain restrictions. Contributions to SVF2 LLC and SLA LLC are classified as “Equity” and “Preferred Equity” depending on the terms and conditions of distribution. SVF2 LLC and SLA LLC each have issued Equity entitled to performance-based distributions that are allocated to the Company and MgmtCo based on the proportion of their respective contributions. The Company’s Equity interest in each of SVF2 LLC and SLA LLC is 82.75%, and MgmtCo’s Equity interest in each of SVF2 LLC and SLA LLC is 17.25%. The Company’s investment in SVF2 LLC is made through SoftBank Vision Fund II-2 L.P. and its subsidiaries, and its investment in SLA LLC is made through SBLA Latin America Fund LLC and its subsidiaries. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 63
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Name of the company or individual Nature of relationship Nature of transaction For the three-month period ended June 30, 2026 As of June 30, 2026 Amount of transaction Balance at period end Masayoshi Son (MASA USA LLC (MgmtCo)) Chairman & CEO of SoftBank Group Corp. and related entities of which he holds more than one- half of the voting rights Receipt of capital contribution in SVF2 LLC and related adjustments*1,2 - 511,587*3,4 ($3,150 million) The premium received on SVF2 LLC’s receivables 3,302*3 ($20 million) MgmtCo’s Equity interests in SVF2 LLC*5,6 - 511,587 ($3,150 million) Net balance at period end (Receivables in SVF2 LLC less MgmtCo’s Equity interests in SVF2 LLC)*7 - Related party transactions of the Company are as follows: (1) Transactions between SVF2 and related parties (Millions of yen) Notes: 1. Restrictions on rights of MgmtCo to receive distributions MgmtCo’s right to receive distributions from its investment is subject to certain restrictions. Distributions from SVF2 LLC to MgmtCo are fully restricted and are not paid until the sum of proceeds received by SVF2 LLC from exited investments plus the aggregate fair value of all of SVF2 LLC’s investments before exit (net of borrowings) exceeds 130% of the aggregate acquisition cost of all of SVF2 LLC’s investments. After the ratio exceeds 130%, restrictions on distributions to MgmtCo are released proportionately in increments of 10%, and when the ratio reaches 200%, all restrictions are released and MgmtCo is entitled to receive the full amount of the distribution. In the event that, upon the liquidation of SVF2 LLC, the amount of the distributions received by MgmtCo exceeds the amount that would have been distributed to MgmtCo if the ratio in effect at the time of liquidation was applied throughout the life of SVF2 LLC, then any such excess amounts will be subject to clawback from MgmtCo. 2. Nature of the Equity contribution by MgmtCo The Equity interests contributed by the Company and MgmtCo are subordinated to the Preferred Equity contributed separately by the Company to SVF2 LLC. If there is a shortfall in the amount of return of Preferred Equity contributions and the amount of fixed distributions to be received by the Preferred Equity holders at the time of the final profit distribution by SVF2 LLC, then MgmtCo is obligated to pay the shortfall proportional to Equity interests’ ratio up to the total amount of return of Equity contributions and the distributions received by MgmtCo. 3. Balance at period end of receivables from MgmtCo for receipt of capital contribution and related adjustments Balance at period end is the balance of SVF2 LLC’s receivables which consists of the balance related to receipt of capital contribution, related adjustments, and premiums received from MgmtCo, less any decrease in receivables due to offsetting settlement with distributions to MgmtCo. The amount of the transaction for “Receipt of capital contribution in SVF2 LLC and related adjustments” at the inception of the program is MgmtCo’s Equity Acquisition Amount in SVF2 LLC, which consists of the amount calculated based on MgmtCo’s Equity interests of 17.25% in the SVF2’s initial acquisition costs of the relevant portfolio companies held by SVF2 LLC and related adjustments calculated based on 17.25% interest in the increase in the SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 64
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portfolio companies’ fair value from the initial acquisition costs at SVF2 to June 30, 2021, and the adjustment equivalent to interests for the period from the Company’s contribution to SVF2 until June 30, 2021. MgmtCo is entitled to make full or partial payment of its Equity Acquisition Amount at any point in time, at its discretion, from the date it became an investor in SVF2 LLC to the end of the company life of SVF2 LLC. MgmtCo is required to pay a premium of 3% per annum on the unpaid Equity Acquisition Amount until the unpaid amount is paid in full. “The premium received on SVF2 LLC’s receivables” refers to the amount of such premium accrued in the current period. MgmtCo is also entitled to make full or partial payment of the premium at any point in time, at its discretion, on the same terms and conditions as Equity Acquisition Amount. Any distributable amount from SVF2 LLC to MgmtCo is offset against the receivables at the time of the distribution notice and no distribution payments to MgmtCo are made until the SVF2 LLC’s receivables are paid in full. 4. Collateral and other credit protection for receivables In order to secure the receivables of SVF2 LLC related to Equity Acquisition Amount and the premium thereon, all of the Equity interests in SVF2 LLC held by MgmtCo are pledged as collateral. In the event that MgmtCo pays into the receivables or offsets such receivables with distributions due to it from SVF2 LLC, the collateral is released to the extent that the cumulative amounts of payments and offsets exceed the balance of the receivables after deduction of such cumulative amounts. Masayoshi Son also provides a personal guarantee to the receivables up to the balance of the receivables. In addition, as of June 30, 2026, 35,588,400 shares of SoftBank Group Corp. are deposited in SVF2 LLC by Masayoshi Son. The deposited shares of SoftBank Group Corp. will be released only when the entire amount of receivables is settled. SVF2 LLC may acquire the deposited SoftBank Group Corp. shares without consideration where there are any unpaid receivables in SVF2 LLC after the enforcement of the collateral and personal guarantees by SVF2 LLC. 5. MgmtCo’s Equity interest in SVF2 LLC The amount represents SVF2 LLC’s net assets attributable to MgmtCo (before deduction of receivables), which is included in “Third-party interests in SVF” in the condensed interim consolidated statement of financial position. 6. Management fees and performance-linked management fees to be charged to MgmtCo The terms of the management fees and performance-linked management fees to be charged to MgmtCo are the same as those to be charged to the Company as an Equity investor in SVF2 LLC. 7. Net balance at period end Net balance at period end is the balance of receivables held by SVF2 LLC less MgmtCo’s Equity interest in SVF2 LLC. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 65
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Name of the company or individual Nature of relationship Nature of transaction For the three-month period ended June 30, 2026 As of June 30, 2026 Amount of transaction Balance at period end Masayoshi Son (MASA USA LLC (MgmtCo)) Chairman & CEO of SoftBank Group Corp. and related entities of which he holds more than one- half of the voting rights Receipt of capital contribution in SLA LLC and related adjustments*1,2 - 119,990*3,4 ($739 million) The premium received on SLA LLC’s receivables 776*3 ($5 million) MgmtCo’s Equity interests in SLA LLC*5,6 - - Net balance at period end (Receivables in SLA LLC less MgmtCo’s Equity interests in SLA LLC)*7 119,990 ($739 million) (2) Transactions between LatAm and related parties (Millions of yen) Notes: 1. Restrictions on rights of MgmtCo to receive distributions MgmtCo’s right to receive distributions from its investment is subject to certain restrictions. Distributions from SLA LLC to MgmtCo are fully restricted and are not paid until the sum of proceeds received by SLA LLC from exited investments plus the aggregate fair value of all of SLA LLC’s investments before exit (net of borrowings) exceeds 130% of the aggregate acquisition cost of all of SLA LLC’s investments. After the ratio exceeds 130%, restrictions on distributions to MgmtCo are released proportionately in increments of 10%, and when the ratio reaches 200%, all restrictions are released and MgmtCo is entitled to receive the full amount of the distribution. In the event that, upon the liquidation of SLA LLC, the amount of the distributions received by MgmtCo exceeds the amount that would have been distributed to MgmtCo if the ratio in effect at the time of liquidation was applied throughout the life of SLA LLC, then any such excess amounts will be subject to clawback from MgmtCo. 2. Nature of the Equity contribution by MgmtCo The Equity interests contributed by the Company and MgmtCo are subordinated to the Preferred Equity contributed separately by the Company to SLA LLC. If there is a shortfall in the amount of return of Preferred Equity contributions and the amount of fixed distributions to be received by the Preferred Equity holders at the time of the final profit distribution by SLA LLC, then MgmtCo is obligated to pay the shortfall proportional to Equity interests’ ratio up to the total amount of return of Equity contributions and the distributions received by MgmtCo. 3. Balance at period end of receivables from MgmtCo for receipt of capital contribution and related adjustments Balance at period end is the balance of SLA LLC’s receivables which consists of the balance related to receipt of capital contribution, related adjustments, and premiums received. The amount of the transaction for “Receipt of capital contribution in SLA LLC and related adjustments” at the inception of the program is MgmtCo’s Equity Acquisition Amount in SLA LLC, which consists of the amount calculated based on MgmtCo’s Equity interests of 17.25% in LatAm’s initial acquisition costs of the portfolio companies held by LatAm and related adjustments calculated based on 17.25% interest in the increase in the portfolio companies’ fair value from the initial acquisition costs at LatAm to June 30, 2021, and the adjustment equivalent to interests for the period from the Company’s contribution to LatAm until June 30, 2021. MgmtCo is entitled to make full or partial payment of its Equity Acquisition Amount at any point in time, at its discretion, SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 66
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from the date it became an investor in SLA LLC to the end of the company life of SLA LLC. MgmtCo is required to pay a premium of 3% per annum on the unpaid Equity Acquisition Amount until the unpaid amount is paid in full. “The premium received on SLA LLC’s receivables” refers to the amount of such premium accrued in the current period. MgmtCo is also entitled to make full or partial payment of the premium at any point in time, at its discretion, on the same terms and conditions as Equity Acquisition Amount. Any distributable amounts from SLA LLC to MgmtCo are offset against the receivables at the time of the distribution notice and no distribution payments to MgmtCo are made until the SLA LLC’s receivables are paid in full. 4. Collateral and other credit protection for receivables In order to secure the receivables of SLA LLC related to Equity Acquisition Amount and the premium thereon, all of the Equity interests in SLA LLC held by MgmtCo are pledged as collateral. In the event that MgmtCo pays into the receivables or offsets such receivables with distributions due to it from SLA LLC, the collateral is released to the extent that the cumulative amounts of payments and offsets exceed the balance of the receivables after deduction of such cumulative amounts. Masayoshi Son also provides a personal guarantee to the receivables up to the balance of the receivables. In addition, as of June 30, 2026, 8,674,000 shares of SoftBank Group Corp. are deposited in SLA LLC by Masayoshi Son. The deposited shares of SoftBank Group Corp. will be released only when the entire amount of receivables is settled. SLA LLC may acquire the deposited SoftBank Group Corp. shares without consideration where there are any unpaid receivables in SLA LLC after the enforcement of the collateral and personal guarantees by SLA LLC. 5. MgmtCo’s Equity interest in SLA LLC The amount represents SLA LLC’s net assets attributable to MgmtCo (before deduction of receivables), which is included in “Third-party interests in SVF” in the condensed interim consolidated statement of financial position. 6. Management fees, performance-linked management fees, and performance fees to be charged to MgmtCo The terms of the management fees, performance-linked management fees, and performance fees to be charged to MgmtCo are the same as those to be charged to the Company as an Equity investor in SLA LLC. 7. Net balance at period end Net balance at period end is the balance of receivables held by SLA LLC less MgmtCo’s Equity interest in SLA LLC. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 67
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First tranche (Completed) Second tranche (Completed) Third tranche (Planned) Pre-money valuation $730.0 billion Investment by the Company $10.0 billion $10.0 billion $10.0 billion Timing of the Company’s investment April 1, 2026 July 1, 2026 October 1, 2026 The Company’s investment entity SVF2 Investment target OpenAI Group PBC Type of securities to be acquired Preferred shares (automatically convertible into common shares of OpenAI upon an IPO or related listing transaction) 15. Additional information (Investment in OpenAI) The Company entered into a definitive agreement with OpenAI Group PBC on February 27, 2026, to participate in its fundraising round via SVF2 and make additional investments of $30.0 billion (the “Follow-on Investment”). (1) Rationale for the Follow-on Investment To further support OpenAI’s continued growth, SoftBank Group Corp. has decided to proceed with the Follow-on Investment. (2) Overview of the Follow-on Investment (as of August 6, 2026) (3) Completion of investment for the first tranche and the second tranche On April 1, 2026 and July 1, 2026, the Company completed two $10.0 billion investment tranches, totaling $20.0 billion, in OpenAI Group PBC pursuant to the agreement for the Follow-on Investment. (4) Financing On March 27, 2026, for the purpose of raising funds necessary for general corporate purposes and for the Follow-on Investment, SoftBank Group Corp. and a wholly-owned financing subsidiary entered into a bridge facility agreement with a total commitment of $40.0 billion with financial institutions. On April 1, 2026 and July 1, 2026, for the purpose of making the first tranche and the second tranche investments under the agreement for the Follow-on Investment, the wholly-owned financing subsidiary made two borrowings of $10.0 billion, totaling $20.0 billion. The details are described in “Notes 1” in “(1) Components of interest-bearing debt” under “Note 4. Interest- bearing debt.” SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 68
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(5) Impact on consolidated financial results The preferred shares and common shares of OpenAI Group PBC held by SVF2 are classified as financial assets measured at fair value through profit or loss (FVTPL) and are presented in the condensed interim consolidated statement of financial position as “Investments of SVF (FVTPL).” Changes in the fair value are recorded in the condensed interim consolidated statement of profit or loss as “Gain on investments - SoftBank Vision Funds.” Borrower SVF II TSUBAKI (DE) LLC (a wholly-owned subsidiary of SVF2) Mandated lead arrangers Goldman Sachs Bank USA JPMor gan Chase Bank, N.A. Mizuho Securities USA LLC Apollo Global Funding, LLC Sumitomo Mitsui Banking Corporation Date of agreement August 5, 2026 Borrowing amount $10.0 billion Expected drawdown During August 2026 Use of proceeds General corporate purposes of SoftBank Group Corp. and SVF2 Principal repayment August 2028 Collateral Cash collateral account of borrower Guarantor SoftBank Group Corp. Key material covenant Cash collateral provision and mandatory prepayment clauses triggered by certain circumstances, such as a significant decrease in the fair value of the OpenAI preferred shares held by SVF2 and referenced under the loan agreement. 16. Significant subsequent events (1) Additional investment in OpenAI Group PBC On July 1, 2026, SVF2 completed a $10.0 billion investment in OpenAI Group PBC. The details are described in “Note 15. Additional information.” (2) Financing through a bridge facility agreement On July 1, 2026, for the purpose of making the second tranche investment under the additional investment agreement with OpenAI Group PBC, a wholly-owned financing subsidiary borrowed $10.0 billion. The details are described in “Notes 1” in “(1) Components of interest-bearing debt ” under “Note 4. Interest-bearing debt.” (3) Financing at SVF2 On August 5, 2026, SVF2 entered into a $10.0 billion loan agreement with financial institutions. An overview of the loan agreement is as follows: SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 69
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Deloitte Touche Tohmatsu LLC Tokyo office Designated Engagement Partner, Certified Public Accountant: Nozomu Kunimoto Designated Engagement Partner, Certified Public Accountant: Ayato Hirano Designated Engagement Partner, Certified Public Accountant: Masayoshi Nakai INDEPENDENT ACCOUNTANT'S REVIEW REPORT August 6, 2026 To the Board of Directors of SoftBank Group Corp.: Accountant's Conclusion We have reviewed the condensed interim consolidated financial statements of SoftBank Group Corp. and its subsidiaries (the "Company") included in the Appendix to Consolidated Financial Report, namely, the condensed interim consolidated statement of financial position as of June 30, 2026, and the condensed interim consolidated statement of profit or loss, condensed interim consolidated statement of comprehensive income, condensed interim consolidated statement of changes in equity and condensed interim consolidated statement of cash flows for the three-month period then ended, and notes to the condensed interim consolidated financial statements. Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed interim consolidated financial statements are not prepared, in all material respects, in accordance with Article 5-2 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, omitting certain disclosures under Article 5-5 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements. Basis for Accountant's Conclusion We conducted our review in accordance with interim review standards generally accepted in Japan. Our responsibility under those standards is further described in the Accountant's Responsibility for the Review of the Condensed Interim Consolidated Financial Statements section of our report. We are independent of the Company in accordance with the provisions of the Code of Professional Ethics in Japan, including the ethical requirements that are relevant to audits of the financial statements of public interest entities, and we have fulfilled our other ethical responsibilities as accountants. We believe that we have obtained the evidence to provide a basis for our review conclusion. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 70
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Responsibilities of Management and Audit & Supervisory Board Members and the Audit & Supervisory Board for the Condensed Interim Consolidated Financial Statements Management is responsible for the preparation of the condensed interim consolidated financial statements in accordance with Article 5-2 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, omitting certain disclosures under Article 5-5 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, and for such internal control as management determines is necessary to enable the preparation of condensed interim consolidated financial statements that are free from material misstatement, whether due to fraud or error. In preparing the condensed interim consolidated financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern in accordance with Article 5-2 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, omitting certain disclosures under Article 5-5 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements. Audit & Supervisory Board members and the Audit & Supervisory Board are responsible for overseeing the Directors' execution of duties relating to the design and operating effectiveness of the controls over the Company's financial reporting process. Accountant's Responsibility for the Review of the Condensed Interim Consolidated Financial Statements Our objective is to issue an accountant's report that includes our conclusion. As part of a review in accordance with interim review standards generally accepted in Japan, we exercise professional judgment and maintain professional skepticism throughout the review. We also: • Make inquiries, primarily of management and persons responsible for financial and accounting matters, and apply analytical and other interim review procedures. A review is substantially less in scope than an audit conducted in accordance with auditing standards generally accepted in Japan. • Conclude whether nothing has come to our attention, based on the evidence obtained, related to going concern that causes us to believe that the condensed interim consolidated financial statements are not prepared, in all material respects, in accordance with Article 5-2 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, omitting certain disclosures under Article 5-5 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, if we conclude that a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our accountant's report to the related disclosures in the condensed interim consolidated financial statements or, if such disclosures are inadequate, to modify our conclusion. Our conclusions are based on the evidence obtained up to the date of our accountant's report. However, future events or conditions may cause the Company to cease to continue as a going concern. • Evaluate whether nothing has come to our attention that causes us to believe that the overall presentation and disclosures of the condensed interim consolidated financial statements are not prepared in accordance with Article 5-2 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements, omitting certain disclosures under Article 5-5 of the Tokyo Stock Exchange's standards for the preparation of quarterly financial statements. • Obtain evidence regarding the financial information of the entities or business units within the Company as a basis for forming a conclusion on the condensed interim consolidated financial statements. We are responsible for the direction, supervision and review of the interim review of the condensed interim consolidated financial statements. We remain solely responsible for our conclusion. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 71
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We communicate with Audit & Supervisory Board members and the Audit & Supervisory Board regarding the planned scope and timing of the review and significant findings that we identify during our review. We also provide Audit & Supervisory Board members and the Audit & Supervisory Board with a statement that we have complied with relevant ethical requirements regarding independence, and communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied. Interest Required to Be Disclosed by the Certified Public Accountants Act of Japan Our firm and its designated engagement partners do not have any interest in the Company which is required to be disclosed pursuant to the provisions of the Certified Public Accountants Act of Japan. Notes to the Readers of Independent Accountant's Review Report This is an English translation of the independent accountant's review report as originally issued in Japanese for the conveniences of the reader. SoftBank Group Corp. Consolidated Financial Report For the Three-Month Period Ended June 30, 2026 72